5167 Purdy Lane, West Palm Beach, FL 33415
- $1,250,000
- 1,960
- SqFt
- List Price
- $1,250,000
- MLS
- B26099242
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,960
Property Description
Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!
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Additional Information
- Days on Market
- 1
- Style
- Fourplex
- Lot Size
- 19,117
- Exterior Features
- None
- Year Built
- 1973
- Development Name
- Laura Lane Unrec On Am-52
- #Stories
- 1
- Construction Type
- CBS Construction
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Listing Courtesy of One Sotheby's International Realty, Contact: