Presented by Scott Grandusky Cell Phone: 646.996.2771 Office: 239.331.4008 Email: Scott.Grandusky@raveis.com Website: ScottGrandusky.raveis.com

940 W 36th Street, #1, Riviera Beach, FL, 33404 | $419,000

**Terms: ** Cash, Conventional, or Seller Financing. **Seller Financing Available: ** 15% down payment, 6. 5% interest rate, amortized over 30 years with a negotiable balloon payment. Additional terms may apply. **Offer Guidelines: ** Large escrow deposit preferred. Financing contingency includes 20-day loan approval, appraisal completed within 14 days, and a 5-day inspection period. Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with separate electric and water meters and four total parking spaces (two per unit). *see supplement remarks and mls documents* The property is fully leased with stable rental income: • Unit #1: $1, 500/month (lease expires 1/1/2027) • Unit #2: $1, 691/month (lease expires 11/1/2026) **Total Gross Rental Income: ** $3, 191/month ($38, 292 annually). Security deposits are held by the landlord, and rent is due on the 1st of each month. Property features a 2019 roof, updated windows, and a brand-new central A/C system in Unit #1. Age of the A/C system in Unit #2 is unknown. The windows have been updated but are not impact-rated. Both units include washer/dryer hookups, assigned parking, and separate electric and water meters, helping minimize landlord utility expenses. Approximate annual expenses include insurance of $8, 000 per year and lawn maintenance of approximately $500 per year. The property requires minimal exterior maintenance. **See attached documents in the listing for leases, income information, expense details, and additional property information. ** This reads well for investors because it highlights the separate meters, low-maintenance nature of the property, and provides enough expense information to start evaluating cash flow.

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