1. Real Estates
  2. Florida
  3. Belle Glade
  4. 733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430

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

$2,190,000

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

year built
Year Built 1959
parking
Parking
Assigned
Off Site
Other
On Street
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Price/Sqft --
pool
Pool No
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Beds
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Bath
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Living Area --
outdoor
Outdoor
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Description

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

Listing Details
  • Resale
Architecture
None
Utilies
None
Property
  • Commercial Sale
  • Income/MultiFamily
Security
None
Interior Features
Applicances
None
Interior
None
Heating & Cooling
None
Flooring
  • Ceramic Floor
Fireplace
None
Exterior Features
Outdoor
None
Roofing
None
Lot
None
Construction
None
Parking
  • Assigned
  • Off Site
  • Other
  • On Street
Community Aspects
County
None
Association fee
None
Community
None
Finance & Tax Information For 733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430

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

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

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