904 4th ST Active

West Palm Beach,FL 33401

$ 995000

9 Beds

5.5 Baths

3430 SqFt


Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,430 sqft

Price per Sqft $290

Subdivision Clows

MLS Listing ID RX-11073730

Bedrooms 9

Full Baths 5

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1925

Annual Tax Amount $8,734

Tax Year 2024

Lot Size 6,550 Sqft

Property Sub-Type Quad Plex

Property 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.

Location

State FL

County Palm Beach

Area 5420

Zoning NWD-R

Interior

Heating Other

Cooling Central

Flooring Ceramic Tile

Exterior

Exterior Feature None

Utilities Available Electric,Public Water

Amenities Available Sidewalks

Waterfront Description None

Roof Type Other

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions Lease OK

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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