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536 18th Street
Listing Details
- $550,000
- MLS# F10512881
- Type Multi Unit - Multiple
- Status Active Under Contract
Description
Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts... Read more
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All Property Features
- Property Type: Multi Unit - Multiple
- Association Fee Includes: Trash
- Cooling: Wall/Window Unit(s)
- Days on Site: 344
- Exterior: Block
- Exterior Features: Balcony
- Flooring: Ceramic Tile
- Heating: None, Separate Meters
- Lot Dimensions: 4996 sqft
- Lot Size: 4996 sqft
- Parcel#: 74434316160110250
- Patio/Porch: Porch
- Restrictions: Other Restrictions
- Roof Type: Other
- Sewer: Public Sewer
- SQFT Living: 2156
- Stories: 1.0
- Taxes: $6,392
- Units: 4
- Utilities: Cable Available
- Utilities: Cable Available
- Water: Public
- Year Built: 1925