5167 PURDY Lane, West Palm Beach, FL 33415
- $1,250,000
- 1,960
- SqFt
- List Price
- $1,250,000
- MLS#
- B26099242
- Sq. Ft
- 1,960
- Subtype
- Quadruplex
- County
- Palm Beach
- Subdivision
- Laura Lane Unrec On Am-52
- Year Built
- 1973
- Sewer
- Septic Tank
- Water
- Multiple Meters, Public
- Pets Allowed
- No
Property Description
Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!
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Additional Information
- Heating
- Central, Individual
- Cooling
- Central Air, Ceiling Fan(s)
- Roof
- Shingle
- Exterior Features
- None
- Parking Spaces
- 8
- Flooring
- Laminate, Tile, Vinyl
- Construction
- CBS (Concrete Block Structure), Block
- Elementary School
- Forest Hill
- Middle School
- L. C. Swain
- High School
- John I. Leonard
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Listing courtesy of One Sotheby's International Realty. Contact: