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618 32nd Street

West Palm Beach, FL 33407
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 215 Days
  • ID#: RX-10930045
Under Contract
$725,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,464
    SQFT
  • $294
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

Finally the Investors dream has arrived in the Market. This remarkable fourplex comprises two buildings, each housing two units side by side, boasting a total of 2,464 square feet. Nestled in the thriving Northwood Area, it represents a lucrative rental income opportunity. Every unit is currently occupied with existing leases set to seamlessly transition to the new owner, ensuring an immediate stream of rental income commencing from the closing date.

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www.findpalmbeachcountyhomes.com/homes/144642305
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618 32nd Street West Palm Beach, FL 33407

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 215 Days
  • ID#: RX-10930045
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,464
SQFT
$294
$/SQFT
1928
Built
Neighborhood:
Northwood Add
County:
Palm Beach
Area:
West Palm Beach
Property Description
Finally the Investors dream has arrived in the Market. This remarkable fourplex comprises two buildings, each housing two units side by side, boasting a total of 2,464 square feet. Nestled in the thriving Northwood Area, it represents a lucrative rental income opportunity. Every unit is currently occupied with existing leases set to seamlessly transition to the new owner, ensuring an immediate stream of rental income commencing from the closing date.
Exterior Features

Carport Spaces 0.00 Construction CBS Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Flat Tile Storm Protection Other Partial Unit1 Parking Space Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Space Parking Unit4 Parking Open ParkingSpace Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralWall-Win A/C Flooring Clay TileConcrete Heating CentralElectricWindow/Wall Unit1 Bedrooms 2 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 750 Unit2 Bedrooms 2 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 750 Unit3 Bedrooms 2 Unit3 Desc A/C Unit Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 750 Unit4 Bedrooms 1 Unit4 Desc A/C Unit Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 600

Property Features

Annual Net Operating Income 62517.00 Annual Total Expenses 19083.00 Auction No Available Info Leases Built Desc Resale Contingent Active Under Contract Contingents AppraisalInspection Gated Community No Gross Operating Income 81600.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession Funding REO No Restrictions Lease OK Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Sq Ft Total 2656.00 Subdivision Amenities None Tax Amount 6219.00 Tax Year 2022 Taxes City/County Tenant Pays CableElectricSewerSewerWater Terms Considered CashConventional Unit1 Monthly Income 1700.00 Unit2 Monthly Income 1800.00 Unit3 Monthly Income 1800.00 Unit4 Monthly Income 1500.00 Utilities CableElectricGas NaturalPublic SewerPublic Water Zoning SF7(ci

Listing provided courtesy of Continental Properties, Inc.: . Listing information © 2024 BeachesMLS
 
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Michael Brue | Compass Florida LLC
5370 Donald Ross Rd
Palm Beach Gardens FL, 33418