Fourplex + Detached 2/1 SFH 🏘️ 5 units are 2/1’s in Palm Beach County

Palm Beach County, West Palm Beach, FL, 33401
Sold
Listed at: February 14th, 2024
Price
$850,000
Sq. Footage
2500
Type
Multifamily
Parking
Assigned
Year build
1960
Lot size
6534.00 sqft
Bedrooms
10
Bathrooms
4
Half Bathrooms
0
Summary

All 5 units are 2/1’s in Palm Beach County

 

Living area: 2,500 sq ft

Lot size: 6,534 sq ft

Year built: 1960

Property is configured as a fourplex in the front + Detached 2/1 single family in the back with a single car garage (washer/dryer inside the garage). All units are in rent ready condition, needs windows, and both roofs are from 2022. Fourplex has wall ac units and SFH has a mini split. Both buildings are CBS. Parking spaces allow for up to 5-8 cars total.

** 5 water meters and 5 electrical meters - Unit is registered as a triplex.

Unit A $1,350 Lease

Unit B $1,300 (MTM)

Unit C $1,350 Lease till 10 months

Unit D $1,250 (oldest tenant) wants to raise (MTM now)

Unit in the back has its own address: paying $1,600 Lease till 10 months

EMD: $15,000

Closing: March 12th, 2024

Discounted Price: $850K

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Quaranta

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Disposition manager