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627 32nd Street, West Palm Beach, FL 33407

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For Sale

$820,000

6 beds • 4 baths • 1,946 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $421.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# RX-10928257

Courtesy Of Partnership Realty Inc.

(561) 355-0270

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Stucco
  • Floor Covering
    Tile
  • Heating Fuel
    Electric
  • Heating System
    Central Furnace
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 627 32nd Street, West Palm Beach, FL 33407

Home seller CENTURY 21 Stein Posner

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Stein Posner

(561) 756-9945
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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