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Great rental opportunity located in the center of Belle Glade city with lots of potential! This building consists of 20 rental units and each is a 1/1. This property will require a lot of work, but the equity is there for the investor who is comfortable with a full rehab.
This apartment building is gutted and will need a full rehab. No interior access was granted due to gate surrounding the property.
Important Details / Seller Notes
***Buyer agrees to assume Case #17-229a (minimum Housing) with a lien accruing $100 a day since October 3rd, 2017***
Buyer must properly secure property to the city of Belle Glades standards. Lien amount is approximately $21,800 to date.
Belle Glade
Assignable
Est. Rehab: $300,000
Est. Monthly Rent: $10,000
Est. ARV: $1,050,000
- Address: Southwest Avenue B Place, Belle Glade, Florida 33430
- Price: $109,000
- Availability: Sold
- Listing Type: Income Property
- Bedrooms: 20
- Bathrooms: 20
- Total Square Feet: 9401
- Construction Type: Block
- Year Built: 1965