1106 18th Street West Palm Beach FL 33407 $240,000
Courtesy of: KW Innovations
Property Information
- $240,000
- 1,562 Sqft
- Duplex
- MLS #: RX-10621423
- For Sale
Property Features
- Neighborhood: Tamarind Park Lt 101, Tamarind Park
- Status: Contingent
- Year Built: 1928
- Area: TAMARIND PARK LT 101
- Construction: CBS, Frame, Stucco
- Cooling: Central, Electric
- Exterior Features: Fence, None
- Flooring: Ceramic Tile, Laminate
- Hopa: No Hopa
- List Pricesqft: 153.64
- Roof: Comp Rolled, Comp Shingle
- Utilities: Cable, Electric, Public Water
- Virtual Tour Link: View Tour
- Waterfront Details: None
Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.
Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.
Description
Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.
Location Map
Courtesy of: KW Innovations
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Updated: 3rd March, 2021 11:59 AM (UTC).
