26.7258548736572 -80.062629699707

1025 13th Street West Palm Beach, FL 33401

304603052 26.7258548736572 -80.062629699707 26 /listing/304603052-150075718/1025-13th-street-west-palm-beach-fl-33401 False 0 2900000.0000 7346 105 RX-10750569 False
  • $2,900,000
  • 7,346 sqft
  • 13,371 lot
  • Est payment $15567.83/mo

Property & Neighborhood Info

Courtesy Of Allure Real Estate

Multi-Family in West Palm Beach

This 22 unit portfolio consisting of a 10-plex & two 6-plex's. Fully occupied with good tenants! Phenomenal unit mix consisting of: Two 3/1's, Sixteen 2/1's & Four 1/1's. Value Add Opportunity, rents are below market, portfolio can be brought to a 10% cap rate. All units in both 6-plex's come with stackable washer/dryer combo making them more attractive then neighboring apts. All units have split Water and Electric Meters that tenants pay for. All buildings are solid concrete block. Fast gentrifying area. 1 minute from Northwood & a few from downtown WPB. All 3 buildings in an opportunity zone. The roofs are in excellent condition. Approximately $350,000 was put into all 3 buildings. DO NOT DISTURB TENANTS! Please see link for pictures, financials & Offering Memorandum in ''Broker Remarks

Courtesy Of Allure Real Estate
  1. 7,346 Sq. Ft.
  2. 13,371 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1968
  • Floors: 2.0
  • County: Palm Beach
  • Taxes: $12,898.00
  • Tax Year: 2020
  • Units: 22
  • Zoning: MF14(c
  • Subdivision: Freshwater 11Th & 12Th Ave Add
  • MLS Number:RX-10750569

Additional Features

  • Auction:
    • No
  • Board:
    • 20130226145814973105000000
  • Community Features:
    • None
  • Construction:
    • CBS
    • Concrete
  • Contingency Type:
    • Bckup Cntrct/Call LA
  • Cooling:
    • Wall-Win A/C
  • Documents Available:
    • Accounting
    • Deposit Security
    • Leases
  • Expenses Information:
    • Accountant
    • Books
  • Exterior Features:
    • Covered Balcony
  • Flooring:
    • Ceramic Tile
    • Concrete
    • Linoleum
    • Terrazzo Floor
  • Furnished:
    • No
  • Heating:
    • Wall Furnace
  • HOA:
    • None
  • Lot Description:
    • 1/2 to < 1 Acre
    • 1/4 to 1/2 Acre
  • Parking Per Unit:
    • Open Parking
  • Possession:
    • At Closing
  • Private Pool:
    • No
  • Reo:
    • No
  • Restrictions:
    • None
  • Roof:
    • Comp Shingle
  • Separate Electric Meter:
    • Yes
  • Separate Water Meter:
    • Yes
  • Short Sale:
    • N/A
    • No
  • Storm Protection:
    • None
  • Taxes Info:
    • City/County
  • Tenant Pays:
    • Cable
    • Electric
    • Sewer
    • Water
  • Terms:
    • Cash
    • Conventional
    • Exchange
  • Terms Considered:
    • Cash
    • Conventional
    • Exchange
  • Type:
    • Quad Plex
  • Unit Description:
    • Microwave
    • Range - Electric
    • Refrigerator
  • Utilities:
    • Electric
    • Public Sewer
  • View:
    • Other
  • Waterfront:
    • No
    • None
  • Year Built Description:
    • Resale
  • Annual Expenses:
    • 41662.08
  • Gross Income:
    • 231274.08
  • Legal Description:
    • FRESHWATER 11TH & 12TH AVE ADD LTS 8 & 9 BLK 36
  • mls desc:
    • RAPB
  • MLSSystem ID:
    • 20130226145814973105000000
  • Net Operating Income:
    • 189612.00
  • Sale Or Rent:
    • Resale
  • SQFT Source:
    • Tax Rolls
  • Square Footage Total:
    • 7346.00
  • Tax ID:
    • 74434316020360080
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
26.7258548736572 -80.062629699707

1025 13th Street West Palm Beach, FL 33401

304603052 26.7258548736572 -80.062629699707 26 /listing/304603052-150075718/1025-13th-street-west-palm-beach-fl-33401 False 0 2900000.0000 7346 105 RX-10750569 False
  • $2,900,000
  • 7,346 sqft
  • 13,371 lot
  • Est payment $15567.83/mo