904 4th Street
West Palm Beach, FL 33401
3430 sqft | 0.15 acres | #RX-11073730
Description
***EXCEPTIONAL OPPORTUNITY to acquire this 7 % + CAP RATE prime 4 UNIT income-producing property located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents.
Property Details
- Utility FeaturesElectricity Connected, Public Water
- Property TypeMulti-Family
- MLS #RX-11073730
- MLS #RX-11073730
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- CountyPalm Beach
- Property SubtypeQuadruplex
- Original List Price$995,000
- CoolingCentral
- Taxes Annual$8,734
- Cost995000
- ViewOther
- SubdivisionCLOWS
- ZoningNWD-R
- Acres0.15
- Square Feet3430
- Lot Size (sqft)6550
- Year Built1925
- Stories2
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Giuliana Torre (#276633203)
Listing Office: Douglas Elliman (#pb802465)
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