173 W 18th ST new

Riviera Beach,FL 33404

$ 365000

5 Beds

1 Bath

1228 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,228 sqft

Price per Sqft $297

Subdivision Smith Add In

MLS Listing ID RX-11142554

Bedrooms 5

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $3,676

Tax Year 2024

Lot Size 5,117 Sqft

Property Sub-Type Single Family Detached

Property Description

5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3,395 in monthly rent ($40,740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.

Location

State FL

County Palm Beach

Area 5280

Zoning RS-6(c

Rooms

Other Rooms Family,Laundry-Inside

Master Bath Mstr Bdrm - Ground

Interior

Interior Features Closet Cabinets,Entry Lvl Lvng Area,Foyer

Heating Central

Cooling Central

Flooring Ceramic Tile

Furnishings Furniture Negotiable,Unfurnished

Exterior

Parking Features 2+ Spaces,Driveway

Utilities Available Electric,Public Sewer,Public Water

Amenities Available Park

Waterfront Description None

Roof Type Comp Shingle

Exposure North

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.00

Foundation CBS

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash,Conventional,Exchange,FHA,VA

Horse Property No

Membership Fee Required No

Listing Terms Cash,Conventional,Exchange,FHA,VA

Financing Cash,Conventional,Exchange,FHA,VA

Pets Allowed No Restrictions

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