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Business Opportunity - Colonial Estates for Sale

524 PALMETTO ST, WEST PALM BEACH, FL 33405

Asking Price$550,000

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  • Living 1632sqft
  • Year Built 1940
  • Days on market:

    39 day(s)
  • Price per sqft:

    $337.01
  • Tax Legal Description:

    COLONIAL ESTS LTS 10 TO 12 INC BLK 20
  • Tax Year:

    2023
  • Property Type:

    Business Opportunity
  • Style:

    Duplex
  • Construction Type:

    Frame ConstructionAluminum Siding
  • Cooling Description:

    Central CoolingCeiling Fans
  • Heating Description:

    Heat Pump/Reverse Cycle
  • Floor Description:

    Wood FloorsCeramic Floor
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$550,000 • living size area 1632 sqft

518 and 524 palmetto st. turnkey and income producing property in highly desireable colonial estates. this investment opportunity includes 2 separate buildings, both fully rented. the first building is a 2 bedroom, 1 bathroom single family home. the second building is a 2 bedroom, 2 bathroom single family home. this investment offers true flexibilty. it can be used as a long term rental property or the location would make a great short term rental property. for a lower down payment, the owner can occupy one of the buildings and realize huge rewards. there are so many possibilities with this inome producing opportunity. professionally managed and well maintained since the current owners purchased means very little hassle for the new owner(s). separate laundry area shared by both units.

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