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2607 Royal Palm Circle , 1-4

West Palm Beach, FL 33409
  • $1,259,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: RX-10793893
UPDATED: 63 min ago
$1,259,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Information

Description

this is a rare 4- plex , sitting on 1.5 acre lot , lot is approved for 12 UNITS. two buildings, 1 UNIT is 4 BR/ 2 BA WITH A CARPORT and the OTHER 3 UNITS 4 BR / 1 BA , its easy to build an additional bathroom in the unitsto make them all 4/2, ,GREAT INCOME PROPERTY , rents income $2300, $2300, $2300 and $2600, , monthly income $9600 , GOI $115,200, FULLY RENTED . HUGE LOT , LOW TAXES, good roof, endless potential , located close to 95 and palm beach airport, at unincorporated area

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www.castellihomes.com/homes/127949492
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2607 Royal Palm Circle , 1-4 West Palm Beach, FL 33409

  • Price: $1,259,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 63 min ago
  • MLS #: RX-10793893
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,500
SQFT
$280
$/SQFT
1948
Built
Neighborhood:
None
County:
Palm Beach
Area:
West Palm Beach
Middle School:
Jeaga Middle School
High School:
Palm Beach Central High School
Property Description
this is a rare 4- plex , sitting on 1.5 acre lot , lot is approved for 12 UNITS. two buildings, 1 UNIT is 4 BR/ 2 BA WITH A CARPORT and the OTHER 3 UNITS 4 BR / 1 BA , its easy to build an additional bathroom in the unitsto make them all 4/2, ,GREAT INCOME PROPERTY , rents income $2300, $2300, $2300 and $2600, , monthly income $9600 , GOI $115,200, FULLY RENTED . HUGE LOT , LOW TAXES, good roof, endless potential , located close to 95 and palm beach airport, at unincorporated area
Exterior Features

Carport Spaces 4.00 Construction Frame Exterior Features None Lot Description 1 To < 2 Acres Lot Dimensions 62726 Private Pool Description FreeformIndoor Private Pool Dimensions 0 X 0 Private Pool YN No Roof Comp Shingle Unit1 Parking Carport - Detached Unit2 Parking Carport - Detached Unit3 Parking Carport - Detached Unit4 Parking Carport - Detached Water Frontage 0 Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralElectric Flooring Ceramic Tile Heating Electric Unit1 Bedrooms 4 Unit1 Desc Range - Electric Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 1125 Unit2 Bedrooms 4 Unit2 Desc A/C UnitMicrowaveRange - Electric Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 1125 Unit3 Bedrooms 4 Unit3 Desc A/C Unit Unit3 Full Baths 1 Unit3 Furnished No Unit3 Half Baths 0 Unit3 Sq Ft 1125 Unit4 Bedrooms 4 Unit4 Desc A/C Unit Unit4 Full Baths 1 Unit4 Furnished No Unit4 Half Baths 0 Unit4 Sq Ft 1125

Property Features

Annual Net Operating Income 94500.00 Annual Total Expenses 1500.00 Auction No Available Info DepositLeases Built Desc Resale Gated Community No Gross Operating Income 96000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Quad Plex Possession Funding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Sq Ft Total 6428.00 Subdivision Amenities None Tax Amount 7856.00 Tax Year 2021 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventionalFha Unit1 Monthly Income 2000.00 Unit2 Monthly Income 2000.00 Unit3 Monthly Income 2000.00 Unit4 Monthly Income 2000.00 Utilities CablePublic SewerPublic WaterWater Available Zoning Multi

Listing provided courtesy of Leader Realty. Listing information © 2022 BeachesMLS
 
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