5167 PURDY Lane, West Palm Beach FL 33415
West Palm Beach, FL 33415
$1,250,000
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- Price
- $1,250,000
- Square feet
- 1,960
- Property type
- Quadruplex
- Year built
- 1973
- Lot size (sq ft)
- 19,117
- MLS number
- B26099242
This listing is courtesy of One Sotheby's International Realty, 561-694-0058.
About this property
Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!
Details
- Property type
- Quadruplex
- Year built
- 1973
- Lot size (sq ft)
- 19,117
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC