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Carol Sollak

[email protected] +1(561) 818-9476

Listed by Realty Today Inc.

$ 725,000

Est. payment -/mo

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Pending

1006 10th ST West Palm Beach, FL 33401

8 Beds

4 Baths

2,852 SqFt

UPDATED:

10/02/2024 09:21 PM

Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,852 sqft

Price per Sqft $254

Subdivision Freshwater Add To Wpb

MLS Listing ID RX-11020873

Bedrooms 8

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1965

Annual Tax Amount $7,965

Tax Year 2023

Lot Size 3,685 Sqft

Property Description

GREAT INVESTMENT OPPORTUNITY!!! 8-9% gross cap% with potential for more. Long term tenants in three units on 12 month leases and one vacant unit with an interested prospect already (see rental listing) Professionally managed by OCS LLC. Concrete wall added 2022 making it a gated building for the tenants. Central air in all units, new HVAC system in unit 2 and 3. CBS building, recently passed city of WPB code inspection & rental license in place. Bottom units have private rear courtyard (potential to up the rent in these units!) This building is your key to a ground floor opportunity in a rapidly growing area. Management company can stay on at your discretion.

Location

State FL

County Palm Beach

Area 5420

Zoning NWD-2(

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile, Tile

Exterior

Exterior Feature Fence, Shutters

Community Features Gated Community

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront No

Waterfront Description None

Roof Type Comp Shingle

Parking Type Space Parking

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation CBS, Concrete

Construction Status Resale

Schools

Elementary Schools Roosevelt Elementary School

Middle Schools Conniston Middle School

High Schools Forest Hill Community High School

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Carol Sollak

+1(561) 818-9476

Carol Sollak

1006 10th ST West Palm Beach, FL 33401

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1006 10th ST