$599,000
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151 Riviera Drive Pasadena, MD 21122
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Riviera Beach Multi-Unit Opportunity So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential. This lic...ensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more. Unit Details Main Level – Unit A: 1 bedroom, kitchen, living room, and full bath Main Level – Unit B: 2 bedrooms, kitchen, dining room, living room, full bath, and laundry area Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy and lead inspection certifications. An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches. Additional Notes: Long-term tenant in Unit C (currently month-to-month) Also listed under Residential MDAA2128910 Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases and, having benefited from the landlord’s generosity, are prepared to vacate. Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00) Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00) Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00) Tenants are paying below market rent. Tenant Notices: Notice has been served to all tenants. There is a detached garage on property, unit C currently uses garage, could potentially be income producing
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MLS#
MDAA2128774
Property Type
Other
Year Built
1952
Price per Sq. Ft.
$262.72
Lot Size
0.21
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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