BEDS0
BATHS
SQUARE FEET2,156
MLS#F10512881
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUp To Date Add
Property Description
Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None, Separate Meters
Lot Size: 4996 sqft
Roof Type: Other
Stories: 1.0
Taxes: $6,392
Year Built: 1925
Amenities
Balcony
Feature Descriptions
Association Fee Includes: Trash
Days on Site: 246
Exterior: Block
Flooring: Ceramic Tile
Lot Dimensions: 4996 sqft
Parcel#: 74434316160110250
Patio/Porch: Porch
Restrictions: Other Restrictions
Sewer: Public Sewer
SQFT Living: 2156
Units: 4
Utilities: Cable Available
Utilities: Cable Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Southwestern Real Estate
Agency Phone: 954-304-5186
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,917.14 per month $1,224.06 Principal & Interest $532.67 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
536 18th Street | MLS# F10512881
This multi-family property located at 536 18th Street, West Palm Beach, FL 33407 is currently listed for sale with an asking price of $550,000. Search West Palm Beach real estate on www.realtymark.net today.