Outstanding multifamily investment opportunity. Enjoy 100% occupancy from day one. Each unit has been well kept as illustrated in the photos. This opportunity includes 2 sperate duplexes which are nicely position on a 20,481 square foot lot. The property comes complete with 8 parking spaces (plenty of room for more spots), hurricane panels and each of the 4 units have separate electric meters. Property is on Septic and was cleaned in 2015. 2 units have 2019 or newer AC system and Electrical Panels. Each units include it’s own private large outdoor space. Pro-forma rent projected at 6.8% CAP Rate. There is approximately 6,400 sq feet of undeveloped land on the west portion of this lot providing space for one addition single family unit, if approved by the city zoning department.
Property Details
Price:
$700,000
MLS #:
RX-10769443
Status:
Closed ((Jan 28, 2022))
Baths:
0
Address:
2181 Laura Lane
Type:
Residential Income
Subtype:
Duplex
Subdivision:
LAURA LANE UNREC ON AM-52
City:
West Palm Beach
Listed Date:
Jan 12, 2022
State:
FL
Finished Sq Ft:
3,600
ZIP:
33415
Lot Size:
20,481 sqft / 0.47 acres (approx)
Year Built:
1975
See this Listing
Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…
More About MichaelMortgage Calculator
Schools
Interior
Cooling
Central
Flooring
Ceramic Tile, Laminate, Tile
Heating
Central
Exterior
Construction
C B S
Exterior Features
Fence
Garage Spaces
0.00
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre
Roof
Comp Shingle
View
Other
Waterfront Details
None
Financial
H O A Fee
$0
Taxes
$0
Utilities
Electric, Public Water, Septic
Map
Community
- Address2181 Laura Lane West Palm Beach FL
- SubdivisionLAURA LANE UNREC ON AM-52
- CityWest Palm Beach
- CountyPalm Beach
- Zip Code33415
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Listing courtesy of The Keyes Company, (561)–750–1000
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
2181 Laura Lane
West Palm Beach, FL
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