MLS® RX-11070112
Status Active
$749,900
Features
$749,900
Price
1955
Year Built
5000
Sq.Feet
5
Bedrooms
3
Full bathrooms
Residential
Property type
Single Family Detached
Sub-type
Property description
Located in the desirable South of Southern (SoSo) neighborhood, this property offers two fully renovated homes on one lot. The rear home features three bedrooms and two bathrooms, while the front home includes two bedrooms and one bathroom. The front home is currently operating as an Airbnb, previously generating $6,500 per month. The property is now transitioning to annual leases, with projected rental income of $4,500 per month for the rear home and $3,000 per month for the front home. Both homes have roofs replaced in 2017, along with new hot water heaters and central AC systems. They are fully furnished, and impact windows have been ordered and will transfer to the buyer upon installation. This is a prime investment opportunity in one of the most sought-after neighborhoods,offering strong rental income potential.
Listing Courtesy of Johnston Group Real Estate Services LLC
Additional Info
- List price per Sqft $508.75
- Yearly Real Estate Tax $7,230
- Lot size 5,000 Sq.Feet
- Original listing price $749,900
- Year Built 1955
- Furnished Furnished
- Equip / Appl included Water Heater - Elec, Range - Electric, Refrigerator, Microwave, Dishwasher, Dryer
Community Info
- Area Palm Beach
- City West Palm Beach
444 Malverne Road Photos
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