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West Palm Beach,FL 33406
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $490
Subdivision Pine Air 04
MLS Listing ID F10478341
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1971
Annual Tax Amount $1,172
Tax Year 2023
Property Description
This four-plex is an outstanding investment opportunity with an impressive cap rate of 8%! The property features brand-new impact windows and three separate electrical meters on a spacious oversized lot. The units include two 2-bedroom, 1-bath apartments and two studio units with kitchenettes. Please do not drive by or disturb the tenants. All offers must be contingent upon inspection to view the property. Be sure to attach proof of funds (POF) with your offer. If financing, include a pre-approval letter. This property won't stay on the market for long—act fast!
Location
State FL
County Palm Beach County
Area Palm Beach 5500; 5510
Zoning RM
Interior
Heating Electric Heat
Cooling Electric Cooling
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition As Is