Courtesy: Keller Williams Coastal Partners
Great opportunity to acquire a remodeled and cash flowing quadplex - ready to be delivered with one vacant unit to take advantage of an ASSUMABLE (!!!) FHA loan at 3%! The property generated in 2023 $109k in GRI (see docs for T12). Proforma for 2024 is $127k (mainly from higher rent from upgraded units + additional income). Please do not disturb the tenants. Enjoy a stabilized asset with reliable tenants (one annual lease, two month-to-month, one currently vacant unit ready to rent). This property is located just minutes away from LWB Downtown, groceries, restaurants, the beach and Palm Beach State College. Adjacent LWB Howard Park is a family friendly and recently improved recreational park (soccer, basketball, BBQ, playground, etc.) and an added value for local tenant
RX-10957419
Residential - Fourplex, Multi-Family, 2 Story
11
5 Full
1960
Palm Beach
Public
2
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
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Bike Score
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Arrows indicate 90 day trend
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