GREAT INVESTMENT OPPORTUNITY!!! 8-9% gross cap% with potential for more. Long term tenants in three units on 12 month leases and one vacant unit with an interested prospect already (see rental listing) Professionally managed by OCS LLC. Concrete wall added 2022 making it a gated building for the tenants. Central air in all units, new HVAC system in unit 2 and 3. CBS building, recently passed city of WPB code inspection & rental license in place. Bottom units have private rear courtyard (potential to up the rent in these units!) This building is your key to a ground floor opportunity in a rapidly growing area. Management company can stay on at your discretion.
Property Details
Price:
$725,000
MLS #:
RX-11020873
Status:
Active
Baths:
0
Address:
1006 10th Street
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
FRESHWATER ADD TO WPB
City:
West Palm Beach
Listed Date:
Sep 13, 2024
State:
FL
Finished Sq Ft:
3,180
ZIP:
33401
Lot Size:
3,685 sqft / 0.08 acres (approx)
Year Built:
1965
See this Listing
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…
More About CynthiaMortgage Calculator
Schools
Elementary School:
Roosevelt Elementary School
Middle School:
Conniston Middle School
High School:
Forest Hill Community High School
Interior
Cooling
Central
Flooring
Ceramic Tile, Tile
Heating
Central
Exterior
Construction
C B S, Concrete
Exterior Features
Fence, Shutters
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Comp Shingle
Waterfront Details
None
Financial
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water
Map
Community
- Address1006 10th Street West Palm Beach FL
- SubdivisionFRESHWATER ADD TO WPB
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33401
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Listing courtesy of Realty Today Inc., (561)–838–5554
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
1006 10th Street
West Palm Beach, FL
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