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321 W 15th Street , #1

West Palm Beach, FL 33404
  • $319,999
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: T3551791
Price Reduced
$319,999
  • 4
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,320
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:

School Ratings & Info

Description

Highest & best by 11/11! Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The Inlet Grove Community High School is just a short distance away, perfect for families or student tenants. For commuters, the Mangonia Park train station provides convenient transportation options. Daily necessities are easily accessible with a Family Dollar nearby, while the Riviera Beach Marina Village Event Center offers recreational opportunities for residents to enjoy. Not to mention, the Blue Heron Bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs Cosmetic rehab. Investor notes: Gross income - $46,440. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I'm happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS "NOT ON MY MLS." Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-02T23:43:23.453.
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321 W 15th Street , #1 West Palm Beach, FL 33404

  • Price: $319,999
  • Status: Active
  • On Site: 67 Days
  • MLS #: T3551791
4
Beds
2
Baths
0
½ Baths
0.15
Acres
1,320
SQFT
$242
$/SQFT
1953
Built
Neighborhood:
Blue Heron Park 04
County:
Palm Beach
Area:
West Palm Beach
Property Description
Highest & best by 11/11! Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The Inlet Grove Community High School is just a short distance away, perfect for families or student tenants. For commuters, the Mangonia Park train station provides convenient transportation options. Daily necessities are easily accessible with a Family Dollar nearby, while the Riviera Beach Marina Village Event Center offers recreational opportunities for residents to enjoy. Not to mention, the Blue Heron Bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs Cosmetic rehab. Investor notes: Gross income - $46,440. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I'm happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS "NOT ON MY MLS." Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Exterior Features

Carport Yn No Construction Materials StuccoWood Siding Direction Faces North Exterior Features Private Mailbox Foundation Details Block Pool Private Yn No Road Surface Type AsphaltConcrete Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances None Building Area Total 1370 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Other Heating None Heating YN No Interior Features Ninguno Laundry Features Common Area Levels One Sewer Public Sewer Water Source Public

Property Features

Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAVA Loan Minimum Lease 1 Month New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 588 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Zoning RS6


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of RICHARD PETERS REALTY LLC: 352-448-9712.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-02T23:43:23.453.
 
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