SW Avenue C Pl Belle Glade FL 33430

Description

Welcome to Belle Glade, Florida, where you can find a great investment opportunity in this multi-family rent-to-own property. This property is perfect for those looking for a steady income in an established neighborhood.

This property offers 784 beds, 112 baths, and 4480 square feet of living space that was built in 1955. As a 28 single room occupancy (SRO) residential income property, it has the potential to generate a monthly gross rent collection of $6, 060.00. The average monthly rent is $220.00 per room, with some units paying more. To cover utilities, the property’s owner pays for electricity, water, and trash removal.

This property is part of a real estate portfolio that also includes 601 W Avenue A and 625 W Avenue A. 601 W Avenue A is ready to be renovated as a 24 efficiency unit with architectural plans individually selling for $550, 000.00. 625 W Avenue A consists of 12 one bedroom units that are mostly occupied and will sell for $725, 000.00. Both properties can be purchased together as a package deal.

For more information on this rent-to-own property or to view it in person, please contact the agent by phone or email. Don’t miss out on this great opportunity to build your real estate portfolio in Belle Glade, Florida.