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Renovated duplex, CAP rate 10%



$189,000

FOR SALE

1006-1008 Henrietta Ave

West Palm Beach, FL

  • CBS Duplex. Roof only 1 year old, Central AC.
  • Property was rehabbed 1 year ago. New kitchens, floors, paint, central ac, updated electric, new appliances.
  • Currently 1 unit rented at $1000 and other vacant, tenant, needs paint and cleaning
  • Close to downtown WPB, new bright-line train station, tri-rail. High demand for rental properties in this location
  • Clear title, no liens, just close and make money.
  • Comps: 1) 616 13th Street duplex each unit 2 bed/1 bath under contract will close for $210k
  • 2) 1217 Madeira Court 1510 sq. ft. duplex (2 bed/1 bath unit and studio apartment closed on September #195,000
  • 3) 716 22nd Street duplex 2/1 units active in mls asking $250,000.
  • income: 24k annual (-$3074 tax and -$1500 insurance) over 10% return

Documents

 
No Documents for this Property


  • Sale Comps $200K - $220K
  • Rental Comps $2,000 - $2,200
  • Property Type Residential
  • Location West Palm Beach, FL
  • Size 1568 sq. ft.
  • Bedrooms 4
  • Bathrooms 2
  • TAV 70.6K
  • Annual Taxes $3,074
  • Year Built 1950

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