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$1,999,000
6 Days Online

4211 Parker Avenue
West Palm Beach, FL 33405

For Sale|Multi-Family|Active
Subdivision:
Ridgeland Park
County:
Palm Beach
Call Now: 561-351-5096
Is this the home for you? We can help make it yours.
561-351-5096
4211 Parker Avenue4211 Parker Avenue4211 Parker Avenue
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Multiple Capital Improvements Made to This Property, CBS - Multi-Family Property 2 Parcels Side by Side, 4211 Parker Ave (8 Units) & 908 Alamanda Road (2 Units), 10 Units Total. Property has 8 - 1 Bed / 1 Bath Units & 2 - 2 Bed / 1 Bath Units, Rents can be raised average Rent is $1,500-$1,600, This is a Value Add Property in a Great Area. All Tenants Pay Electric, Separate Meters, 1 House Meter, 1 Water Meter Per Building, Coin Opp Laundry in Place too. Bring Offers This Property Wont Last Long, True 6% Cap Rate, You Can Turn Into a 7.5% Cap Rate just by raising 3 Units Rents to Current Market Value. Gross Income = $165,000, Pro-Forma = $192,000.

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Listing Snapshot
Price 
$1,999,000
Days Online 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,668 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1925
MLS Number 
10833572
Status 
Active
Property Tax 
$15,266
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Tax Rolls
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS
7 days agoListing first seen online
General Features
Construction 
BlockConcreteStucco
Lot Description 
< 1/4 Acre1/4 to 1/2 Acre
Utilities 
CablePublic Sewer
Interior Features
Cooling 
Ceiling FanCentral
Heating 
Electric
Flooring 
Ceramic Tile
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Exterior Features
Pool Description 
No
Exterior 
None
Roof 
Comp RolledFiberglass
Waterfront 
No
Waterfront Details 
None
Community Features
HOA Fee 
0.0
Financing Terms Available 
CashConventional
Homeowners Assoc 
None
Application Fee 
0.0
Maintenance Fee Includes 
Hot WaterLawn CareTrash RemovalWater
HOPA 
No Hopa
Listing courtesy of Palm Beachers Realty LLC



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2022 BeachesMLS, Inc. (a Flex MLS feed)
Last updated at: 2022-09-28 06:30 PM UTC

Neighborhood & Commute
Source: Walkscore
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