Withheld Withheld, West Palm Beach, FL 33406

$2,695,000
1
SqFt
List Price
$2,695,000
Days on Market
13
MLS#
RX-10654817
Status
ACTIVE
Sq. Ft
1
Subtype
Quad Plex
County
Palm Beach
Community
Not Found
Year Built
1968

Property Description

INVESTORS DREAM!!! This residential rental property portfolio consists of 12 properties and 14 dwellings. All the properties are single family homes and are located in nice NON-HOA neighborhoods throughout Palm Beach County. All the homes are updated with new roofs, A/C, etc and are rented long-term under market rental value. Information on the properties will only be released to serious buyers or agents with serious clients. For more information call or text Mustafa Gaffar at (954) 548-8094.Below is the portfolio overview:Property #1: Loxahatchee Groves, FL - 3 Bedrooms, 2 Bathrooms, and Detached Garage. New Electrical, New Water System, & 1 Acre of lush green land. Rented for $1,500/mo month to month for almost 2 years under market value. Market rent is about $1800-$1900.Prop INVESTORS DREAM!!! This residential rental property portfolio consists of 12 properties and 14 dwellings. All the properties are single family homes and are located in nice NON-HOA neighborhoods throughout Palm Beach County. All the homes are updated with new roofs, A/C, etc and are rented long-term under market rental value. Information on the properties will only be released to serious buyers or agents with serious clients. For more information call or text Mustafa Gaffar at (954) 548-8094. Below is the portfolio overview: Property #1: Loxahatchee Groves, FL  3 Bedrooms, 2 Bathrooms, and Detached Garage. New Electrical, New Water System, & 1 Acre of lush green land. Rented for $1,500/mo month to month for almost 2 years under market value. Market rent is about $1800-$1900. Property #2: Acreage, FL  3 Bedrooms, 2 Bathrooms. New Central A/C, New Flooring, and walking distance to A+ rated schools. Rented for $1,700/mo month to month for 2+ years under market rental value with option to increase. Property #3: West Palm Beach, FL  5 Bedrooms, 2 Bathrooms Two-Story Home. New Roof, New Driveway, & New Flooring. Rented for $1,600/mo month to month for 3+ years way under market rental value. Property #4: West Palm Beach, FL  Two Single Family Homes on one lot. 3 Bedrooms, 2 Bathrooms & 2 Bedrooms, 1 Bathroom. New Roofs & New Driveways. 5+ year tenants rented month to month for $1,000/mo and $650/mo way under rental value. Property #5: West Palm Beach, FL  3 Bedrooms, 1 Bathroom. New Roof & New Paint. 2+ year tenancy rented month to month for $1,050/mo with option to increase rent dramatically. Property #6: West Palm Beach, FL  3 Bedrooms, 2 Bathrooms, & 2 Car Garage. New Flooring, new paint, & HUGE LOT. 3+ year tenancy rented for $1,300/mo and market rent is about $1700/mo. Property #7: West Palm Beach, FL  3 Bedrooms, 1 Bathroom. New Roof & New A/C. 2 year tenant rented month to month for $1,200/mo with a market rent of over $1500/mo. Property #8: West Palm Beach, FL  3 Bedrooms, 1 Bathroom. New Metal Roof & New A/C. 4+ year tenancy rented month to month for $1,150/mo for way under market rental value. Property #9: West Palm Beach, FL  Two Single Family Homes on one lot. 3 Bedrooms, 1 Bathroom & 2 Bedrooms, 1 Bathroom. New Roof, New Septic system, & New A/C. 3+ year tenancy rented for $1,100/mo and 1+ year tenancy rented for $1,100/mo. Both rented way under market rental value. Property #10: West Palm Beach, FL  3 Bedrooms, 1 Bathroom. New Metal Roof & New A/C. 5+ year tenancy rented month to month for $1,150/mo way under market rental value. Property #11: Boynton Beach, FL  3 Bedrooms, 2 Bathrooms. New Roof, New tile, & newer A/C. 1+ year tenancy rented month to month for $1,100/mo way under market rental value. Property #12: West Palm Beach, FL  2 Bedrooms, 1 Bathroom. New Roof & New A/C. 5+ year tenancy rented month to month for $1,050 way under market value.

Additional Information

Building No
Yes
Total Unitsin Bldg
12
Construction
CBS, Concrete, Stucco
Cooling
Other
Exterior Feature
None
Flooring
Other
Heating
Other
Lot Description
< 1/4 Acre
Restrict
Other
Roof
Other
Amenities
None
Waterfront
None
Total Op Expenses
40000
Total Unitsin Bldg
12
Roofing
Other
Utility
None
Lot Description
< 1/4 Acre
Price Per Acre
117394200000

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Listing courtesy of Robert Slack LLC.