906 Foresteria Drive
$1,050,000
906 Foresteria Drive, West Palm Beach, FL 33403
4,023 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S)
- Cooling: Central Individual A/C
- Heating: None
- Flooring: Tile
- Construction Materials: CBS Construction
Description:
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
Location
Gallery