Overview

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  • Status: Active
  • Parking No info
  • Size: 1,946 ft2/180.79 m2
  • Price Per: $421.38 ft2/$4,535.67 m2
  • Type: Multifamily
  • Built: 1928
  • HOA: No info
  • MLS Number: RX-10928257
  • View No info
  • On Site: 192 days
  • Updated: 191 Days Ago
  • Page Views: 1

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!

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Development Amenities

Development Amenities:

  • Basketball Court
  • Bike And Jog Path
  • Boating
  • Cabana
  • Clubhouse / Clubroom
  • Community Room
  • Dog Park
  • Extra Storage
  • Picnic Area
  • Pool
  • Sidewalk
  • Street Lights
  • Tennis Court

Price History

DateEventPriceChange RatePrice Per
10/17/2023Listed$820,000.00$137.82 ft2/$1,483.43 m2

Features

Property Details for 627 32nd, West Palm Beach, FL 33407

Northwood Add, Multifamily current status is Active, 627 32nd is a Multifamily in , West Palm Beach, FL 33407 with property MLS ID# RX-10928257. This Multifamily has been listed on Best of Luxury Realty since October 17, 2023 and is currently priced at 820,000. This property was built in 1928.

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