Property Description
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Property Features
Amenities
Feature Descriptions
Local Schools
Listed By / Sold By
Listed By
Agency Name: Home Sold Realty LLC
Agency Phone: 833-700-2782
Shown By
Agent Name: Garbriel Reberte
Agent Phone: (561) 299-6929
Agency Title: Realty 100
Sold By
Agency Name: Northwood Realty LLC
Agent Name: Christopher H Saia
