LoKation
Listed by LoKation
$775,000
817 NW 7th Street
Details
APN 74434316010030090
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,884
Units 4
NOI $66,120
Year Built 1935
Stories 2
Acreage 0.140
Zoning NWD-R (city)
Multifamily | 4 Units
Marketing description
Discover this beautifully unique investment opportunity in the heart of West Palm Beach. Built in 1935, the property features a charming 5-bedroom, 2-bathroom single-family home along with a separate triplex in the rear. The triplex includes a 1-bedroom/1-bath unit, a studio with 1 bath, and a 2-bedroom/1-bath apartment â€'' offering excellent income-producing potential. Both buildings had their roofs replaced in 2018. Each unit is individually metered for electricity, and each building has its own water meter for added convenience and management efficiency. Ideally located just minutes from Downtown West Palm Beach and the Brightline station, this property provides easy access to Clematis Street, Palm Beach Outlets, and a wide variety of local dining, shopping, and entertainment options
Listing Contacts
LoKation
Listed by LoKation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,120.00
$5,510.00/mo
Valuation Metrics
0
DSCR
8.53%
Cap Rate
8.53%
ROI
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