Find out how our Real Estate Listing Specialists can help to generate more property exposure in order to get the most money for your investment in the least amount of time. Save thousands in commission when you sell and buy with us. We realize that every seller has a unique situation, which is why with this concept in mind we offer customized strategic listing options to our clients. Contact us today for a FREE, No-Obligation Comparative Market Analysis.
* FOR YOUR CONVENIENCE: We offer real-time property video tours to our customers by WhatsApp, Facetime and Skype, as well as via social media Twitter and Facebook! Contact us for further details.
Subdivision: Robinson
405 SE 23rd Ave,
Boynton Beach, Florida 33435 $850,000
| Studio | Sq.Ft: 2,100 | PPSF: $404.76 | Type: Multifamily |
Actual Cap rate 6.06%, Pro forma Cap Rate 6,64%! Welcome to a stunning fully renovated and stabilized triplex property in the heart of Boynton Beach. This property has undergone significant renovations in 2022-2023 totaling more than $80,000, making it an ideal investment opportunity. Brand new facade, fence, electrical and plumbing systems, central AC, and parking. Each unit boasts modern finishes, and the unit mix includes one (1) 1-Bed/1-Bath unit and two (2) 2-Bed/1-Bath units (some with washer & dryer) leased at market rate rents, generating $66.000 Gross income and a net operating income of $48,183 with a solid turnkey Cap Rate of 6.06%. Upside on the rent with a potential cap rate of 6.43% and $51,093 net income. OFFERING MEMORANDUM AVAILABLE ON REQUEST.
){kind=link}