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173 W 18th Street Riviera Beach, FL 33404
5 Bedroom, 1,228 Sqft, Single Family Detached
AGENT'S REMARKS ABOUT 173 W 18TH STREET
5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3, 395 in monthly rent ($40, 740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.PROPERTY DETAILS
- Property Type: Single Family Detached
- Approx Living Area: 1,228 SqFt
- Total Bedrooms: 5
- Bathrooms: 1 Full
- Year Built: 1960
- Lot Size: 5,117 SqFt
- Acreage: < 1/4 Acre
- Stories: 1
- Parking Type: 2+ Spaces, Driveway
- Rooms: Family, Laundry-Inside
- Interior: Closet Cabinets, Entry Lvl Lvng Area, Foyer
- Other Appliances: Microwave, Range - Electric, Refrigerator
- Flooring: Ceramic Tile
- Roof: Comp Shingle
- Age Restrictions: No Hopa
- Total Floors in Building: 1
- House Faces/Primary View: North
- Construction: CBS
- Cooling System: Central
- Heating: Central
- Utility Information: Electric, Public Sewer, Public Water
- Furnished: Furni
- Pets Allowed: Yes
- Pet Policy: None
- County: Palm Beach
- Area: 5280
- Subdivision: SMITH ADD IN
- Community Features: Park
- Age Restricted: No Hopa
- Annual Property Taxes: $3,677
- Ownership: None
- Repo/Reo: No
- Short Sale: No
MAP LOCATION FOR 173 W 18TH STREET RIVIERA BEACH, FL 33404
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Listing courtesy of 49 Units, LLC 11.21.2025