Northwood Add 627 32nd West Palm Beach, FL 33407
Overview
- Status: Active
- Bed(s) No info
- Bath(s) 0
- Half Bath(s) 0
- Parking No info
- Size: 5,950 ft2/552.77 m2
- Price Per: $137.82 ft2/$1,483.43 m2
- Type: Multifamily
- Built: 1928
- HOA: No info
- MLS Number: RX-10928257
- View No info
- On Site: 205 days
- Updated: Listing Refreshed: 204 Days Ago
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!
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 10/17/2023 | Listed | $820,000.00 | $137.82 ft2/$1,483.43 m2 |
Contact Information
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