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• MLS® #: RX-10928257
• 627 32nd St
• West Palm Beach, FL 33407
• $820,000
• 6 Beds, 4 Bath, 3,370 SqFt
• Multi-Unit

This fourplex property has a tremendous cash flow generating a gross annual income of $81,600. Value can be further added to this property by raising rents, submetering utilities, installing laundry facilities, or renovating the interiors. All units are occupied and the tenants are on month-to-month leases which could be readjusted to market rents. The City of West Palm Beach collects waste and landlord pays for just the utilities and property taxes. Actual rents yield a 7.23% capitalization rate. The Northwood Historic District is known for its historic charm, diverse architectural styles, and sense of community. Located near the heart of downtown West Palm Beach, offering a variety of shops, restaurants, and cultural venues. On top of blocks away from the beach!

Facts About West Palm Beach, FL

To enjoy a taste of the local ethnic cuisine that has inspired West Palm Beach since its inception visit Havana. This Cuban-style restaurant features specialties like Cuban coffee, fried churros , exotic fruits and slow roasted Spanish chicken.

If you are looking for some vibrant nightlife in West Palm Beach then visit Dr. Feelgood's Rock Bar and Grill. This colorful nightclub was created by Motley Crue’s front man Vince Neil and is a exciting venue for those looking for some great West Palm Beach nightlife.

Raymond F. Kravis Center for the Performing Arts is the culture icon for the West Palm Beach Area. This 2000 plus seat venue hosts a treasure of Dance, Music and Dramatic performances each year.