Rare four-unit investment opportunity in the rapidly growing Lake Park market. This unique property features a main residence plus a triplex with three efficiency units, generating $86,400 in annual gross rental income with immediate cash flow. Ideally located just minutes from the Intracoastal Waterway, Singer Island beaches, marina, brewery, theater,… Read More pickleball, Publix, US-1, I-95, and Palm Beach International Airport. Per current zoning and permitting information, the property may accommodate up to 10 units (buyer to verify). The main house also offers potential to convert to a 3BR/2BA. Whether you're looking to renovate, add value, or hold for long-term income, this property offers exceptional upside in a high-demand rental market. Quiet street, easy to rent, & outstanding investment. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify. Read Less
Courtesy of One Sotheby's International Realty, Micah L Volmer, 561-997-7227.
Listing Snapshot
Days Online
138
Last Updated
Property Type
Quadruplex
Square Ft.
1,732
Lot Size
0.14 Acres
Year Built
1945
MLS Number
B26013374
30 Days Snapshot Of 33403
$279k
-16%
(avg) sold price
4
-20%
homes sold
176
+109%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: City Street, West of US-1
Building
Built in 1945, Living area: 1732, Construction materials: Aluminum Siding, Block, Stucco, Toal building area: 2325, 4 total units
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Fence
Fenced
Floors
Clay, Tile
Foundation
Details: Concrete Perimeter, Raised, Slab
Heating
Window/Wall
Laundry
Electric Dryer Hookup, Washer Hookup, Inside, In Garage
Lot
0.14 acres, Interior Lot
Pets Policy
Pets allowed: Yes, No Restrictions
Property
Zoning: R1 (city)
Roof
Composition, Shingle
Sewer
Public Sewer
Taxes
Annual amount: $11,413
Tenant Pays
Cable TV, Electricity
Utilities
Electricity Connected, Sewer Connected, Water Connected
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
