365 W Blue Heron Boulevard West Palm Beach FL 33404
8 Beds / 4.5 Baths CBS Fourplex.
*Unit 1 2 Beds / 1.5 Baths – Rented.
*Unit 2 2 Beds / 1 Bath – Rented
*Unit 3 2 Beds / 1 Bath – Rented.
*Unit 4 2 Beds / 1 Bath – Rented.
*Property zoned for multifamily up to 10 units.
* House 2,576/ 2,716 Sq. Ft. – Lot size 7,952 Sq. Ft. – Built in 1967.
* Needs updating, and TLC.
* Solid structure, four electric meters, central A/C.
* Each unit currently rented underpriced for $800 a month.
* Potential over 12% Cap rate.
* Taxes only $2,121.74 for 2017.
* Rental average over $1,000 a month each unit.
* Rental potential over $4,000 a month.
* Occupied property, Do not disturb occupants!!
Available on 03.03.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement