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  • MLS#: R11142554 ( Residential )
  • Street Address: 173 18th Street
  • Viewed: 3
  • Price: $349,900
  • Price sqft: $222
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 1573
  • Bedrooms: 5
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 65
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Nearby Subdivisions
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173 18th Street
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PRICED AT ONLY: $349,900

Address: 173 18th Street, Riviera Beach, FL 33404

Would you like to sell your home before you purchase this one?

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.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Features
Building and Construction
  • Flooring: Ceramic Tile
  • Roof: Composition, Shingle
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Electric: Three Phase
  • Heating: Central
  • Pets Allowed: No Restrictions, Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
Amenities
  • Association Amenities: Park
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Appliances: Electric Range, Microwave, Refrigerator
  • Furnished: Unfurnished
  • Interior Features: Closet Cabinetry, Entrance Foyer
  • Legal Description: SMITH ADDITION LT 7
  • Parcel Number: 56434233150000070
  • Zoning Code: RS-6(c
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