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MLS® ID: RX-10448186

516 20th Street

West Palm Beach, Florida, 33407

$315,000 Pending
  • 2520 SQFT
Long-term tenants with below market rent on two of the three units. Current monthly gross is $3,200 potential monthly gross is $3,550, annual current gross income is $38,400, potential annual gross income is $42,600. Operating expenses are property taxes : $3,442 property insurance (optional ) $1,943, general liability (optional) $458, lawn $900 a year total expenses $6,743.69 Current net annual income is $31,656, potential net annual income is $35,856. Actual cap rate is 8.50%, potential cap rate is 9.56%.
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Amenities

  • Zip
    33407
  • Office name
    KSR Realty LLC
  • Subdivision
    PLEASANT CITY
  • SQFT
    2520
  • Property type
    Triplex
  • Zoning type
    MF14(c
  • Year built
    1961
  • Lot size
    7505
  • Heating
    No Heat
  • Tax year
    2017
  • Agent name
    Baris Keser
  • Tax amount
    $ 3441.66
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    2500-3000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    276545372
  • Agent ID
    20019862

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