418 NW 11th Avenue E , E

    Boynton Beach, FL 33435
    • $144,950
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • ID#: RX-10499194
    Under Contract
    UPDATED: 20 min ago
    $144,950
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,032
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015.Cash-flow day one, or improve units to increase the rents and your return!In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.** Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++**** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.

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    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-03-18T12:08:48.837.
    www.myreynoldsteam.com/homes/91215986

    418 NW 11th Avenue E , E Boynton Beach, FL 33435

    • Price: $144,950
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: RX-10499194
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,032
    SQFT
    $140
    $/SQFT
    1952
    Built
    Neighborhood:
    Cherry Hills
    County:
    Palm Beach
    Area:
    Boynton Beach
    Property Description
    Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015.Cash-flow day one, or improve units to increase the rents and your return!In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.** Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++**** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.
    Exterior Features

    Carport Spaces 0.00 Construction Frame/StuccoHollow Tile Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Built-UpTar/Gravel Unit1 Parking Open Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Ceramic Tile Heating Window/Wall Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorStack Bedrooms Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 516 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorStack Bedrooms Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 516 Unit3 Sq Ft 0 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 13330.00 Annual Total Expenses 4670.00 Application Fee 0.00 Available Info Deposit SecurityInvestment AnalysisLeases Built Desc Resale Contingent Backup Contingents Inspection Gross Operating Income 18000.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OwnerProforma Special Assessment No Sq Ft Total 1032.00 Subdivision Amenities None Tax Amount 1793.12 Tax Year 2017 Taxes City/County Tenant Pays ElectricSewerWater Terms Considered CashConventionalFha Unit1 Monthly Income 750.00 Unit2 Monthly Income 750.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning R2(Cit

    Listing provided courtesy of Home Source Inc..

    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-03-18T12:08:48.837.
     
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