405 SE 23rd Ave Boynton Beach, FL 33435
Welcome to 405 SE 23rd Avenue, a stunning fully renovated and stabilized triplex property in the heart of Boynton Beach. This property has undergone significant renovations in 2022-2023 totaling more than $80,000, making it an ideal investment opportunity. Brand new facade, fence, electrical and plumbing systems, central AC, and parking. Each unit boasts modern finishes, and the unit mix includes one (1) 1-Bed/1-Bath unit and two (2) 2-Bed/1-Bath units (some with washer & dryer) leased at market rate rents, generating a net operating income of $44,167 with a solid turnkey cap rate of 5.20% with the potential to increase the annual rents to $69,000, Great location in Boynton Beach, this is an investment you don't want to miss. Offering Memorandum available on request.
|3 weeks ago||Listing updated with changes from the MLS|
|4 weeks ago||Listing first seen online|
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