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637 59th Street

West Palm Beach, FL 33407
  • $449,888
  • STATUS: Active Under Contract
  • ON SITE: 110 Days
  • ID#: RX-10998139
Under Contract
UPDATED: 51 min ago
$449,888
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,920
    SQFT
  • $234
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Description

Fantastic opportunity to own multiple income properties on one lot! Lot zoned for three buildings currently has two duplex's each with two units with 1bd 1ba and their own water plus electric meters. 637A electric stove 2023, refrigerator 2023 & A/C 2024637B electric stove, refrigerator 2022 & A/C641A electric stove, refrigerator 2022 & A/C 2022641B electric stove, refrigerator 2022 & A/C 2020All units have ceramic tile thru out and 2012 roofs that where sealed w/black jack silicone waterproofing w/50-year life expectancy in March of 2020

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www.kaufman-propertiesfl.com/homes/151910905
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637 59th Street West Palm Beach, FL 33407

  • Price: $449,888
  • Status: Active Under Contract
  • On Site: 110 Days
  • Updated: 51 min ago
  • ID#: RX-10998139
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1,920
SQFT
$234
$/SQFT
1976
Built
Neighborhood:
Knowles Court Add
County:
Palm Beach
Area:
West Palm Beach
Property Description
Fantastic opportunity to own multiple income properties on one lot! Lot zoned for three buildings currently has two duplex's each with two units with 1bd 1ba and their own water plus electric meters. 637A electric stove 2023, refrigerator 2023 & A/C 2024637B electric stove, refrigerator 2022 & A/C641A electric stove, refrigerator 2022 & A/C 2022641B electric stove, refrigerator 2022 & A/C 2020All units have ceramic tile thru out and 2012 roofs that where sealed w/black jack silicone waterproofing w/50-year life expectancy in March of 2020
Exterior Features

Carport Spaces 6.00 Construction Frame Exterior Features Auto SprinklerShed Lot Description < 1/4 AcreWest of US-1 Private Pool YN No Roof Comp Rolled Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling ElectricWall-Win A/C Flooring Ceramic Tile Heating ElectricWindow/Wall Unit1 Bedrooms 1 Unit1 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 480 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 480 Unit3 Bedrooms 1 Unit3 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 480 Unit4 Bedrooms 1 Unit4 Desc A/C UnitElectric MeterRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 480

Property Features

Annual Net Operating Income 32400.00 Annual Total Expenses 10440.00 Auction No Available Info Leases Built Desc Resale Contingent Active Under Contract Contingents Inspection Gated Community No Gross Operating Income 42840.00 Homeowners Association None HOPA No Hopa List Office Board Code Greater Fort Lauderdale Realtors Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Info Sold As-Is Sq Ft Total 2088.00 Subdivision Amenities None Tax Amount 7812.51 Tax Year 2023 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Monthly Income 600.00 Unit2 Lease Ends 2024-08-15 Unit2 Monthly Income 850.00 Unit3 Lease Ends 2025-03-01 Unit3 Monthly Income 850.00 Unit4 Lease Ends 2024-08-25 Unit4 Monthly Income 870.00 Utilities CableElectricPublic SewerPublic Water Zoning SF7(ci

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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432