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4234 Melaleuca, West Palm Beach, FL 33406

Multi-family Recently Sold
$850,000

BTC: 12.87859275

ETH: 235.36774133

Sold on: 2023-12-21
2 days
0 room(s)
3,120 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***Amazing Investment Opportunity!*** 2 Separate buildings. 2 units per building. Property is in Excellent condition with Great tenants. Separate water & Electric each unit. Laundry in each unit. All units have been remodeled except 1. Owner only pays landscape, taxes and insurance. Very low overhead. Currently bringing in $7,400 per month but rents could be raised to reach $8,000 monthly. Great 1031 exchange property of for the 1st time investor. Property is turn key ready. New Septic, new drain field, piping and lift station. Newer roof and A/CUnit 1 Lease end 7/2024 - $1,800Unit 2 Lease end 7/2024 - $1,900Unit 3 Lease ends 9/2024 - $1,800UNit 4 Lease end 7/2024 - $1,900All units should rent for $2,000 per area market rents.Photos are current and accurate.

Location

Florida • West Palm Beach • 33406 • Multi-family • Recently Sold

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1972
Lot:
17581 Square Feet
Heating:
No Data
Price/sqft:
$272
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 17581 Square Feet

    Other Property Information

    • Parcel Number: 00424412100030010

    • Zoning: Mf20

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $8,480

  • Source details

    • MLS ID: RX-10939255

    Other facts

    • Direction Faces: From Summit and Seton Avenue go South until Seton becomes Melaleuca Avenue. Unit will be on the East side of the road.

    • Garage: Yes

    • Living Area: 3120

    • Subdivision Name: PINE AIR

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company