About 536 18th St
Discover a rare opportunity to own a value-add quadplex in the heart of West Palm Beach. 3 of the 4 units are currently rented under market value, generating a total monthly income of $3,750 with individual rents of $1,200, $1,250, and $1,300. Upside is huge for the experienced investor, with updated 2 bed rentals in the area fetching over $1700 per month. 10 minutes from Downtown, the beach, Worth Avenue, and so much more, this property is perfectly positioned to capitalize on some forced appreciation in addition to the area's rapid growth and natural market appreciation. With the Palm Beach International Airport nearby, this location attracts a diverse range of tenants, ensuring strong rental demand. Drive-By viewings only until receiving a qualified offer. Please do not disturb tenants.
Features of 536 18th St
| MLS® # | F10512881 |
|---|---|
| Price | $550,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,156 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Style | Detached |
| Status | Active Under Contract |
Community Information
| Address | 536 18th St |
|---|---|
| Area | 5240 |
| Subdivision | Up To Date Add |
| City | West Palm Beach |
| County | Palm Beach County |
| State | FL |
| Zip Code | 33407-6407 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | No Heat |
|---|---|
| Cooling | Wall/Window Unit Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1.0000 |
Exterior
| Lot Description | Less Than 1/4 Acre Lot |
|---|---|
| Roof | Other Roof |
| Construction | Concrete Block Construction |
Additional Information
| Zoning | MF14 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Southwestern Real Estate |
|---|