733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430

Overview of 733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430

Year Built 1959

Parking

Assigned

Off Site

Other

On Street

Price/Sqft --

Pool No

Beds

Bath

Living Area --

Outdoor

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Great investment opportunity to own two multifamily buildings with 30 units at an almost 8% caps rate with potential to increase. Both buildings are very well painted. 0% vacancy rate; no evictions or defaults. Tenants pay very well. Low property insurance. Buildings include a total of 6 parking spaces big enough to fit 12 cars. It also has street parking. Record shows 28 units, however there is an additional studio and a commercial retail space which makes it 30 units in total, all rented. Buildings have all certifications up to date and owners have done a great job maintaining it. Potential to increase caps rate in different ways, being one of them to increase rents to current market rates. Please, call for more information.

Property Features For MLS #A11356782