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817 7th Street

West Palm Beach, FL 33401
  • $699,500
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: RX-11036177
UPDATED: 71 min ago
$699,500
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,476
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Description

Discover this beautifully unique gem located in the heart of West Palm Beach. Built in 1935, 5-bedroom, 2-bathroom single family home plus a triplex building in the backyard with a 1 bedroom and bath, Studio and one bath and a 2 bedroom on one bath apartments. Roofs for both buildings were replaced in 2018. All units have electric meter and one water meter for each building.Situated just minutes from downtown West Palm Beach and the bright line this property offers easy access to Clematis Street, palm beach outlets and a variety of local dining and entertainment options. Its prime location in an up-and-coming area presents excellent investment potential, whether you're looking for long-term appreciation or rental income.

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www.evluxuryrealestate.com/homes/157762578
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817 7th Street West Palm Beach, FL 33401

  • Price: $699,500
  • Status: Active
  • On Site: 32 Days
  • Updated: 71 min ago
  • ID#: RX-11036177
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,476
SQFT
$201
$/SQFT
1935
Built
Neighborhood:
Freshwater Add To Wpb
County:
Palm Beach
Area:
West Palm Beach
Property Description
Discover this beautifully unique gem located in the heart of West Palm Beach. Built in 1935, 5-bedroom, 2-bathroom single family home plus a triplex building in the backyard with a 1 bedroom and bath, Studio and one bath and a 2 bedroom on one bath apartments. Roofs for both buildings were replaced in 2018. All units have electric meter and one water meter for each building.Situated just minutes from downtown West Palm Beach and the bright line this property offers easy access to Clematis Street, palm beach outlets and a variety of local dining and entertainment options. Its prime location in an up-and-coming area presents excellent investment potential, whether you're looking for long-term appreciation or rental income.
Exterior Features

Carport Spaces 1.00 Construction Frame Exterior Features FenceOpen PatioOpen Porch Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking None Unit2 Parking None Unit3 Parking None Unit4 Parking Carport - Detached Waterfront Description None Waterfront YN No

Interior Features

Cooling ElectricWall-Win A/C Flooring Tile Heating Window/Wall Unit1 Bedrooms 1 Unit1 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 450 Unit2 Bedrooms 0 Unit2 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Info Efficiency Unit2 Sq Ft 300 Unit3 Bedrooms 2 Unit3 Desc Range - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 660 Unit4 Bedrooms 5 Unit4 Desc Den/FamilyDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricSmoke DetectorSplit BedroomsW/D HookupWasher Unit4 Full Baths 2 Unit4 Furnished No Unit4 Half Baths 0 Unit4 Sq Ft 2884

Property Features

Annual Net Operating Income 52920.00 Annual Total Expenses 22680.00 Application Fee 0.00 Auction No Available Info Deposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 75600.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At ClosingFunding REO No Restrictions Historic DesignationLease OK Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Sq Ft Total 4204.00 Subdivision Amenities None Tax Amount 6624.80 Tax Year 2024 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 1100.00 Unit2 Monthly Income 1250.00 Unit3 Monthly Income 6300.00 Unit4 Monthly Income 2500.00 Utilities CableElectricGas NaturalPublic SewerPublic WaterWater Available Zoning NWD-R(

Listing provided courtesy of Highlight Realty Corp/Lw: . Listing information © 2024 BeachesMLS
 
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Thomas Kane | TrustLarry Real Estate
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