323 Almeria Road, West Palm Beach, FL 33405

$1,790,000
5,710
SqFt

Property Description

Great Apartment Building in West Palm Beach, Great Investment, Highly Sought After Area. $140,000 Gross Annual Income - DO NOT DISTURB TENANTS, 10 Unit Apartment Building, Fully Occupied, Just Off Intracoastal. Rent Roll & Income Sheet In Documents on MLS. 6% Cap Rate, Rental Income = $140,000, Expenses = $34,000. Separate Meters, On Site Parking, Central AC For Each Unit & 2 On Site Washer & Dryer Units Bringing in $190 Per Month Additional. Building In Excellent Condition & Always Fully Occupied with Tenant Waiting List. Great Area & Rents Can Be Increased For Higher Income & Cap Rate.

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Listing courtesy of Palm Beachers Realty LLC.