Residential Income
1106 18th
West Palm Beach, FL 33407
General Information
Location Information
Additional Features
Financial Information
Remarks
Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.
Listing Agent
Daniel DeMott
KW Innovations
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020