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524 Palmetto St, West Palm Beach, FL 33405

Multi-family Active With Contract
$550,000

BTC: 5.60063900

ETH: 157.32220446

New
0 room(s)
1,632 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

518 and 524 Palmetto St. Turnkey and income producing property in highly desireable Colonial Estates. This investment opportunity includes 2 separate buildings, both fully rented. The first building is a 2 bedroom, 1 bathroom single family home. The second building is a 2 bedroom, 2 bathroom single family home. This investment offers true flexibilty. It can be used as a long term rental property or the location would make a great short term rental property. For a lower down payment, the owner can occupy one of the buildings and realize huge rewards. There are so many possibilities with this inome producing opportunity. Professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). Separate laundry area shared by both units.

Location

Facts and features

Type:
Residential Lease
Parking:
Year Built:
1940
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$337
Cooling:
Ceiling Fans,Central Cooling
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood Floors

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Ceiling Fans,Central Cooling

  • Other Property Information

    • Parcel Number: 74434404040200100

    • Zoning: SF7

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,445

  • Source details

    • MLS ID: F10462648

    Other facts

    • Construction Materials: Aluminum Siding,Frame Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features:

    • Pool Features:

    • Direction Faces: From I95 take Forest Hills Blvd East. Proceed to US1 and turn left (North). Go to Palmetto St and turn left (West). Proceed to 518 and 524 Palmetto St.

    • Living Area: 1632

    • Subdivision Name: Colonial Estates

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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: Miranda Executive Realty