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    122 2nd Street

    West Palm Beach, FL 33413
    • $325,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: RX-10683851
    UPDATED: 69 min ago
    $325,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,770
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Information

    Description

    South Florida gem! Unincorporated zoning! Live in front house and rent out small detached cottage in the back. Two (2) separate buildings. Centrally located in the heart of West Palm Beach. Brick fireplace/stove in the center of the property. Ideal for cookouts or warm cozy nights. Upgraded plumbing, electric and bathroom. Roof is NEW! This unique property is a 4/1 main house and a 1/1 guest house with central laundry facility. No HOA and low taxes. Perfect for an investor looking for a rate of return north of 9%. Units were previously rented for $3,000 month.Relatively new wall units and no deferred maintenance. Very close to Jog Rd. in line with public transportation and new industrial park.

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    www.castellihomes.com/homes/113201543
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    122 2nd Street West Palm Beach, FL 33413

    • Price: $325,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: RX-10683851
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,770
    SQFT
    $184
    $/SQFT
    1966
    Built
    Neighborhood:
    Boulevard Park
    County:
    Palm Beach
    Area:
    West Palm Beach
    Elementary School:
    Benoist Farms Elementary School
    Middle School:
    Jeaga Middle School
    High School:
    Royal Palm Beach High School
    Property Description
    South Florida gem! Unincorporated zoning! Live in front house and rent out small detached cottage in the back. Two (2) separate buildings. Centrally located in the heart of West Palm Beach. Brick fireplace/stove in the center of the property. Ideal for cookouts or warm cozy nights. Upgraded plumbing, electric and bathroom. Roof is NEW! This unique property is a 4/1 main house and a 1/1 guest house with central laundry facility. No HOA and low taxes. Perfect for an investor looking for a rate of return north of 9%. Units were previously rented for $3,000 month.Relatively new wall units and no deferred maintenance. Very close to Jog Rd. in line with public transportation and new industrial park.
    Exterior Features

    Carport Spaces 2.00 Construction Woodside Exterior Features FenceNoneShed Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Carpet Heating Window/Wall Unit1 Bedrooms 4 Unit1 Desc Range - ElectricKitchenMicrowaveWasherRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1200 Unit2 Bedrooms 1 Unit2 Desc RefrigeratorKitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Info Efficiency Unit2 Sq Ft 500 Unit3 Sq Ft 0 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 31400.00 Annual Total Expenses 5800.00 Available Info Other Built Desc Resale Gross Operating Income 37200.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1870.00 Subdivision Amenities None Tax Amount 4095.00 Tax Year 2020 Taxes City/County Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 2250.00 Unit2 Monthly Income 850.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities ElectricSepticPublic Water Zoning Ar

    Listing provided courtesy of Keller Williams Business Brokerage Llc. Listing information © 2021 BeachesMLS
     
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