This property was purchased by a buyer doing a 1031 Exchange. They relocated from New York and have a need to buy property due to properties they sold in New York. We are happy to have them here in Palm Beach County!
This is a 3 unit with 2 x 1 bedroom units and the downstairs is a 3 x bed 2 x bath. Gross rental income is $68,400 annually. The building was completely renovated from the ground up. New floors, new walls, new ceilings, new roof, new appliances, all new electrical & impact windows. It's virtually a new building.