1634 W 9th Street
Riviera Beach, FL 33404

  • – beds
  • – baths
  • 3,848 sqft
  • $187 per sqft
  • 1971 build
  • on site

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In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels, updated plumbing & 4 brand new central AC units. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1450 & $1400. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% CAP rate. 3 units have long term renters & one unit should be rented at $1800 beginning 02/01/2023. (2 tenants are month to month and 2 tenants' leases expire in December 2022 & February 2023).Priced to sell & only showing with a signed contract.

Beaches Multiple Listing Service logo Listing courtesy of BMLS / Seawinds Realty

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# RX-10807469 —

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Sale history

Date Event Source Price % Change
2/10/23
Sold BMLS $720,000 -4.0%
1/7/23
Sold Subject To Contingencies BMLS $750,000
12/30/22
Listed / Active BMLS $750,000

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Multifamily Sold on 2/10/2023

$720,000

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Listing provided by broker:

Dylan Heidrich

Seawinds Realty

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