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722 9th Street

West Palm Beach, FL 33401
  • $1,700,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: RX-10953794
UPDATED: 59 min ago
$1,700,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $283
    $/SQFT
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

INVESTORS! This residential income or single family compound is a Sixplex in the heart of WPB on a 12,197 sq ft Oversized Lot! The (6) units consist of 4 buildings. 2 Duplexes, 2 SFRs freestanding Investment properties to be sold as one portfolio. Package includes: One 5 bedroom 2 bath, Two 3 Bedroom 1 Bath, and Three 2 Bedroom 1 Bath. Each has its own electric meter & 722 and 722 1/2 share water meter. The property has a generous parking for tenants and guests. Large capital investments in this area by the city of WPB.PRIME LOCATION to invest, renovate or build. This area of West Palm Beach is quickly becoming home to those who seek a tax-friendly environment and who want to capitalize on the initial growth stage initiated by residential developments.

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www.curatedresidences.com/homes/146956268
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722 9th Street West Palm Beach, FL 33401

  • Price: $1,700,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 59 min ago
  • MLS #: RX-10953794
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,000
SQFT
$283
$/SQFT
1961
Built
Neighborhood:
Freshwater Add To Wpb Amnded In Pb 6 P 29 & Pb 7 P 84
County:
Palm Beach
Area:
West Palm Beach
Property Description
INVESTORS! This residential income or single family compound is a Sixplex in the heart of WPB on a 12,197 sq ft Oversized Lot! The (6) units consist of 4 buildings. 2 Duplexes, 2 SFRs freestanding Investment properties to be sold as one portfolio. Package includes: One 5 bedroom 2 bath, Two 3 Bedroom 1 Bath, and Three 2 Bedroom 1 Bath. Each has its own electric meter & 722 and 722 1/2 share water meter. The property has a generous parking for tenants and guests. Large capital investments in this area by the city of WPB.PRIME LOCATION to invest, renovate or build. This area of West Palm Beach is quickly becoming home to those who seek a tax-friendly environment and who want to capitalize on the initial growth stage initiated by residential developments.
Exterior Features

Carport Spaces 0.00 Construction BrickCBSStucco Exterior Features Open Porch Lot Description Paved RoadPublic RoadSidewalksWest of US-1 Private Pool YN No Roof Other Storm Protection Panel Shutters Partial Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralElectricWall-Win A/C Flooring LaminateTerrazzo FloorTile Heating CentralElectric Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke Detector Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 870 Unit2 Bedrooms 6 Unit2 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke Detector Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 2068 Unit3 Bedrooms 5 Unit3 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke Detector Unit3 Full Baths 2 Unit3 Furnished No Unit3 Sq Ft 2089 Unit4 Bedrooms 4 Unit4 Desc A/C UnitKitchenRange - ElectricRefrigeratorSmoke Detector Unit4 Full Baths 2 Unit4 Furnished No Unit4 Sq Ft 1200

Property Features

Annual Net Operating Income 7478.00 Annual Total Expenses 11722.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 19200.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing 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 Other Sq Ft Total 6227.00 Subdivision Amenities None Tax Amount 11722.00 Tax Year 2023 Taxes City/CountyHomesteadWidow Exemption Tenant Pays ElectricSewerWater Terms Considered Cash Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 1600.00 Utilities ElectricPublic SewerPublic Water Zoning MFR 5 TO 9 UNIT

Listing provided courtesy of Ask & You Shall Receive Realty: . Listing information © 2024 BeachesMLS
 
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