627 32nd Street
627 32nd Street
$820,000
—
1,946
1,946
$421
Description
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....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!
- Listed by Gustavo A Chaux • Partnership Realty Inc.
- Listed by Sergio Chaux • Partnership Realty Inc.
Property Details for 627 32nd Street
Subdivision
NORTHWOOD ADD
WaterfrontNo
Waterfront DetailsNone
StyleNo Pool/No Water
Location
LISTING UPDATED: 10/18/2023 10:36 AM
Property Details for 627 32nd Street
Status | Active |
---|---|
MLS # | RX-10928257 |
Days on Market | 200 |
Taxes | $6,018 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1928 |
Lot Size | 0.14 AC / 5,950 SF |
County | Palm Beach County |
Location
Building Information for 627 32nd Street
Stories1Residences-Year Built1928Building Size-Lot Size0.14 AC / 5,950 SF
Payment Calculator
$4,977 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 627 32nd Street
Property History for 627 32nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 627 32nd Street
Taxable ValueLand$80,660Additions$261,313Total$341,973
Tax Record2023$6,719 ($560 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories2Lot Size5,950 SqFtStyleSingle Family ResidenceYear Built1928Year Renovated1974ZoningSF7CountyPALM BEACHAPN74-43-43-09-05-040-0170
Schools near 627 32nd Street
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Northmore Elementary School PublicPK to 5 | ||
Roosevelt Middle School Public6 to 8 | ||
Palm Beach Lakes High School Public9 to 12 | ||
Northboro Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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