Courtesy of: Gustavo A Chaux, Partnership Realty Inc., gchaux@yahoo.es
Courtesy of: Gustavo A Chaux, Partnership Realty Inc., gchaux@yahoo.es
$820,000
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6 bed
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4.00 Bath (4 Full Bath)
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Quadruplex
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$820,000
627 32nd Street This fourplex property has a tremendous cash flow generating a gross annual income of $81, 600. Value can be further added to this property by raising rents, submetering utilities, installing laundry facilities, or renovating the interiors. All units are occupied and the tenants are on month-to-month leases which could be readjusted to market rents. The City of West Palm Beach collects waste and landlord pays for just the utilities and property taxes. Actual rents yield a 7.23% capitalization rate. The Northwood Historic District is known for its historic charm, diverse architectural styles, and sense of community. Located near the heart of downtown West Palm Beach, offering a variety of shops, restaurants, and cultural venues. On top of blocks away from the beach!
Courtesy of: Gustavo A Chaux, Partnership Realty Inc., gchaux@yahoo.es
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