Christine Prestininzi

THINK HOUSE DREAM HOME

627 32nd Street, West Palm Beach, FL 33407 | Listings

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627 32nd Street, West Palm Beach, FL 33407

  • $820,000
  • 6 Beds
  • 4 Full Baths
  • 1,946 sq ft
  • Year Built: 1928
  • Multi-Family
  • Listing #RX-10928257

Property Description

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!

Listing Details

Price$820,000
Bedrooms6 Beds
Bathrooms4 Full Baths
Year Built1928
Property TypeMulti-Family
Listing #RX-10928257
StatusActive
CountyPalm Beach
Listing TypeFor Sale
Property Taxes (Annual)$6,018.11

Interior Features

Square Feet1,946
FloorsTile
Heating and CoolingCentral, Electric, Wall-Win A/C

Exterior Features

ExteriorFrame, Stucco
RoofComp Shingle

Miscellaneous

MLS Area5410

Virtual Tour

Virtual Tour URLhttps://www.propertypanorama.com/627-32nd-Street-West-Palm-Beach-FL-33407/unbranded

Courtesy of Gustavo A Chaux, Partnership Realty Inc.561-541-9259

BeachesMLSAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.
This content last updated on 5/1/2024 9:16 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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