Address
722 Hansen Street West Palm Beach, FL
Price
$ 499,000
Property Attributes
  • MLS#RX-10634231
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityWest Palm Beach
  • Area5430
  • NeighborhoodSoutherly Hill
  • Zip33405
  • StyleQuad Plex
  • Year Built1927
  • Taxes6657
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2498
  • Lot Size13,000 SqFt
Listing Provided Courtesy Of:
Lang Realty, Inc
Property Description

CASH COW!!! Turn-key 5 unit income property, fully occupied, in desirable South of Southern neighborhood. Charming 2 story Mediterranean Revival house with two 3 bedroom 1 bath units and two detached 1 bed 1 bath guest houses along with a vintage 1 bed 1 bath trailer. Currently generating $66,480 gross operating income on annual leases (2 of the leases are 2 year terms) $42,810 after expenses - 8.58% cap rate. Recently renovated, long term tenants, must see.

Price History
6/27/2020 Listed $499,000

General Features

Adult 55+ No Hopa
Area 5430
Auction No
Construction Frame, Stucco
Cooling Central, Wall-Win A/C
Development Name None
Exterior Features Exterior W/D Hookup, Extra Building, Fence, Open Patio, Room for Pool, Shutters
Flooring Ceramic Tile, Laminate, Tile
Geo Area PB20
Geo Lat 26.666472
Geo Lon -80.060913
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Central
Legal Description SOUTHERLY HILL LTS 36 TO 39 INC
Possession Funding
Property Type B
REO No
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Owner
Status Active
Stories 2.0
Subdivision SOUTHERLY HILL
Tax Year 2019
Taxes 6657.64
Tenant Pays Cable
Terms Considered Cash, Conventional
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/722-Hansen-Street-West-Palm-Beach-FL-33405/unbranded
Year Built 1927
Zoning SF7

Interior Features

SqFt - Living 2498.00
Unit 1 Desc A/C Unit, Den/Family, Dishwasher, Disposal, Electric Meter, Kitchen, Microwave, Pantry, Range - Electric, Refrigerator, Roman Tub, Smoke Detector, Stack Bedrooms
Unit 2 Desc A/C Unit, Dishwasher, Disposal, Electric Meter, Kitchen, Microwave, Range - Electric, Refrigerator, Stack Bedrooms

Exterior Features

Carport Spaces 0.00
Lot Description 1/4 to 1/2 Acre
Lot Dimensions 100.0 ft x 130.0 ft
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Open Parking, Space Parking
Unit 2 Parking Open Parking, Space Parking
Waterfront None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33405

Price
AVG $370K
$500K
Taxes
AVG $4,878
$6,657
Visits
AVG 54
87
Year Built
AVG 1933
1927
Walkscore
AVG 64
58
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover