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

1106 18th Street West Palm Beach FL 33407

Courtesy of: KW Innovations

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Updated: 3rd March, 2021 11:59 AM (UTC).

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Source: Placester