Residential Income
429 56th
West Palm Beach, FL 33407
General Information
Location Information
Additional Features
Financial Information
Remarks
Single family home on large 7500 Square Foot lot. Home is a 3 bedroom 2 bathroom that is currently divided into a 2/1 with a separate 1/1 efficiency. The 2/1 is tenant occupied at $1000/month. The 1/1 would rent for $800/month. Live in one side and rent the other or rent both sides. Proforma income of $1800/month equates to 8.8% cap after operating expenses. House has wall AC Units in each room, and roof is 10 years old. Located 1/2 block from Flagler Drive, the intracoastal and several waterfront parks.
Listing Agent
John T Rupp
Premier Brokers International
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020