PRICED AT ONLY: $735,000
Address: 527 48th Street, West Palm Beach, FL 33407
Description
Northwood Villas, a well positioned multifamily investment opportunity located in West Palm Beach, Florida. This 4 unit property, constructed in 1954 with concrete block construction, offers a total of 2,387 square feet on a 0.14 acre lot. The unit mix consists of one two bedroom/one bathroom unit and three one bedroom/one bathroom units, providing an attractive configuration for a diverse tenant base.Northwood Villas is strategically located east of Broadway in a rapidly evolving submarket of West Palm Beach. The property stands to benefit significantly from the ongoing revitalization of the surrounding area, including transformative developments within the nearby Currie Mixed Use District (CMUD).
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- MLS#: RX-11082292 ( Quad Plex )
- Street Address: 527 48th Street
- Viewed: 13
- Price: $735,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 0
- Days On Market: 192
- Additional Information
- Geolocation: 26.7552 / -80.0555
- County: PALM BEACH
- City: West Palm Beach
- Zipcode: 33407
- Subdivision: North Palm Bch 1
- Elementary School: Northmore
- Middle School: John F. Kennedy
- High School: Palm Beach Lakes
- Provided by: FlatFee.com
- Contact: Cliff Glansen
- (954) 965-3990
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.055477
- Construction: Block, Concrete
- Exterior Features: None
- Flooring: Tile
- Roof: Comp Shingle
- Sqft Source: Tax Rolls
- Sqft Total: 2387.00
- Total Building Sqft: 2072.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: < 1/4 Acre
- Subdivision Information: None
School Information
- Elementary School: Northmore Elementary School
- High School: Palm Beach Lakes High School
- Middle School: John F. Kennedy Middle School
Eco-Communities
- Private Pool: No
- Storm Protection: None
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: Central
- Heating: Central
- Number Of Stories: 1.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: Yes
- Utilities: Electric, Public Sewer, Public Water
Finance and Tax Information
- Home Owners Association poa coa Monthly: 0.00
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 44472.00
- Income Expenses Annual Total Expense: 30524.00
- Income Expenses Gross Operating Inc: 0.00
- Source Of Expenses: Owner
- Tax Year: 2024
Rental Information
- Tenant Pays: Electric
Other Features
- Avail Info: Investment Analysis
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: NORTH PALM BEACH PLAT NO 1 LTS 23 & 24 BLK 21
- Parcel Id: 74434304040210230
- Views: 13
- Zoning: SF7(ci
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Contact Info
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