3039 Avenue J & 3115 Avenue J West Palm Beach, FL 33404, USA Available

  • $1,366,850
  • 6 beds
  • 3 baths
  • 8,038 sqft

12- 2 Beds/ 1 Bath.
1- 1 Bed/ 1 Bath.
1- 3 Beds/ 1 Bath.
Living Area Total 8,038 Sq. Ft. | Lot Total 85,394 Sq. Ft. | Built in – 1958.
Unique 14-Unit Multi Family with Potential over 10% Cap Rate. Bringing in $11,875 a month with current rents and 2 vacant units. Plus plenty of room to build more units!* This is a side by side lot that consists of 10 units on one lot and 4 Units on the other lot with lots of room to build more. Solid structure, some have central A/C, ample parking but needs some updating and TLC. Potential rents for 1/1- $1,050/month, 2/1- $1,250 and 3/1- $1,400. Sitting on 2 acres in total. Potential monthly income of $17,500. Centrally located right off West Blue Heron Blvd, close to many restaurants and just minutes from the beach.

Price:
$1,366,850
Address:
3039 Avenue J & 3115 Avenue J
West Palm Beach, FL 33404
Square Feet:
8,038
Lot Size:
85,394
Bedrooms:
6
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1958

Call (954) 998-3366 for more details

Property Location