906 Foresteria Drive, Lake Park, FL 33403

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List Price
$899,000
Price Change
▼ $51,000 1790984601
MLS#
B26066747
Sq. Ft
3,384
Subtype
Quadruplex
County
Palm Beach
Subdivision
Kelsey City
Region
5270
Year Built
1973

Property Description

Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.

Additional Information

Heating
None
Cooling
Central Air
Roof
Flat
Sewer
Public Sewer
Water
Public
Exterior Features
Other
Parking Spaces
6
Flooring
Tile
Construction
CBS (Concrete Block Structure), Block
Living Area
3,384
Elementary School
Lake Park
Middle School
Howell L. Watkins
High School
Palm Beach Gardens
Pets Allowed
Cats OK, Dogs OK, Yes

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Listing courtesy of Capital Investments R.E. Corp.. Contact: