$1,050,000
Quadruplex In Lake Park
- 3,384 Sqft
- 10,080.0 Ac lot
- Updated: Yesterday
- Source: BeachesMLS MLS#B26066747
About the Property
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
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Property type
Other
-
Floors
2
-
Year built
1973
-
Price/sqft
$310
Features
- Walk In Closet
- Water View
- Garden
- Renovated
- Stone Countertops
- Investment Property
- City View
- Washer Dryer
- Balcony
Explore the Area
906 Foresteria Drive, Lake Park, Florida, United States
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Capital Investments R.E. Corp. - West Palm Beach
West Palm Beach, Florida, United States
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Last updated
Yesterday
First listed
Aug 22
Listing reference
B26066747
Listing status
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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