Multifamily in West Palm Beach, FL 33407
Pleasant City, 516 20th St

2,520
SqFt
Status
Sold - Jan 22, 2020
Size
2,520 SqFt (234 m2)
Price
$123/SqFt ($1,324/m2)
Type
Multifamily
Built
1961
MLS Number
R10448186
On Site
2981 Days
Updated
38 Days ago
Page Views
0
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%.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: RoomForPool
      Interior, Heating and Cooling
      • Heating Description: None
      • Cooling Description: CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile
      • Windows/Treatment: Blinds
      • Year Built: 1961
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2018-07-16T17:02:07.000-00:00
        Taxes, Fees & More
        • Taxes: 3441.66
        • Total Units in Building: 4

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        11/13/2021
        Listed
        $310K
         
        $123 ft2
        $1,324 m2
        11/13/2021
        $310K
        Event
        Listed
        Price Per
        $123 ft2
        $1,324 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Baris Keser • KSR Properties • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        78

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        37

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        84

        100
        Community Snapshot
        3 – 3 BR
        Bedrooms
        $196K – $700K
        Price Tier
        860 - 3,579
        SqFt Range
        1965
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Sidewalks

        West Palm Beach
        Entry-Level
        Entry-Level Homes & Condos