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• MLS® #: RX-10928257
• 627 32nd
• West Palm Beach, FL 33407
• $820,000
• 6 Beds, 4 Bath, 3,370 SqFt
• Multi-Unit

This fourplex property has a tremendous cash flow generating a gross annual income of $81,600. Value can be further added to this property by raising rents, submetering utilities, installing laundry facilities, or renovating the interiors. All units are occupied and the tenants are on month-to-month leases which could be readjusted to market rents. The City of West Palm Beach collects waste and landlord pays for just the utilities and property taxes. Actual rents yield a 7.23% capitalization rate. The Northwood Historic District is known for its historic charm, diverse architectural styles, and sense of community. Located near the heart of downtown West Palm Beach, offering a variety of shops, restaurants, and cultural venues. On top of blocks away from the beach!

Facts About West Palm Beach, FL

One of West Palm Beach's favorite venues for a cold drink and some nice South Florida relaxation is E.R. Bradley's Saloon. This open air restaurant is a frequent stop for both locals and tourists.

Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.

West Palm Beach is home to the Bel Air Historic District. It was built in the 20s and 30s and boast some of Palm Beach's most beautiful and historic architecture.