About 638 50th Street
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Features of 638 50th Street
| MLS® # | B26067277 |
|---|---|
| Price | $510,000 |
| Square Footage | 1,952 |
| Acres | 0.24 |
| Year Built | 1936 |
| Type | Multi-Family |
| Sub-Type | Triplex |
| Status | Pending |
Community Information
| Address | 638 50th Street |
|---|---|
| Area | 5420 |
| Subdivision | NORTH PALM BCH 4 |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33407 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Other |
|---|---|
| Windows | Single Hung Metal |
| Roof | Composition, Shingle |
| Construction | Frame |
School Information
| Elementary | West Riviera |
|---|---|
| Middle | John F. Kennedy (Palm Beach) |
| High | Palm Beach Lakes |
Additional Information
| Zoning | SF7 (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Home Sold Realty LLC |
|---|