722 9th Street West Palm Beach FL 33401 MLS #RX-10953794

722 9th Street
West Palm Beach, FL, 33401
$1,700,000
Beds
0 Baths
6,227 SqFt
0 Acres
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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.

Property Details

Price:
$1,700,000
MLS #:
RX-10953794
Status:
Active
Baths:
0
Address:
722 9th Street
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
FRESHWATER ADD TO WPB AMNDED IN PB 6 P 29 & PB 7 P 84
City:
West Palm Beach
Listed Date:
Jan 25, 2024
State:
FL
Finished Sq Ft:
6,227
ZIP:
33401
Year Built:
1961
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Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Central, Electric, Wall- Win A/ C
Flooring
Laminate, Terrazzo Floor, Tile
Heating
Central, Electric

Exterior

Construction
Brick, C B S, Stucco
Exterior Features
Open Porch
Garage Spaces
0.00
Homeowners Assoc
None
Lot Description
Paved Road, Public Road, Sidewalks, West of U S-1
Roof
Other
Waterfront Details
None

Financial

Buyer Agent Compensation
2%%
Gross Operating Income
$19,200
Net Operating Income
$7,478
Taxes
$0
Utilities
Electric, Public Sewer, Public Water

Map

Community

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722 9th Street
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