4211 Parker Avenue, West Palm Beach, FL 33405 | MLS RX-10833572 | Listing Information | Premier Realty Group
New FOR SALE
$1,999,000

4211 Parker Avenue
West Palm Beach, FL 33405    Directions

Multi-Family
Residence
6
Beds
4
Baths
5,668
Sq. Ft.
0.16584
Acre Lot
1of
Photos
Map
Courtesy: Palm Beachers Realty LLC
Premier Realty Group> Florida> West Palm Beach> 33405
Multiple Capital Improvements Made to This Property, CBS - Multi-Family Property 2 Parcels Side by Side, 4211 Parker Ave (8 Units) & 908 Alamanda Road (2 Units), 10 Units Total. Property has 8 - 1 Bed / 1 Bath Units & 2 - 2 Bed / 1 Bath Units, Rents can be raised average Rent is $1,500-$1,600, This is a Value Add Property in a Great Area. All Tenants Pay Electric, Separate Meters, 1 House Meter, 1 Water Meter Per Building, Coin Opp Laundry in Place too. Bring Offers This Property Wont Last Long, True 6% Cap Rate, You Can Turn Into a 7.5% Cap Rate just by raising 3 Units Rents to Current Market Value. Gross Income = $165,000, Pro-Forma = $192,000.
RX-10833572
Multi-Family, 3+ Story
6
4 Full
1925
Palm Beach
0.16584 Acres
3
Block,Stucco
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