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THE RESIDENCE
About this home
Great pricing on 5 unit in Mercer Park area of West Palm Beach. Just minutes to downtown WPB! These five units consist of 3- two bedrooms, 1- one bedroom and a studio. Off street parking for 7 cars. Gross income of $88,000/year. Property is wood frame and roof is older. All this is reflected in price. Please review inspection report prior to scheduling any showings
THE DETAILS
Property details
List Price$750,000
Price / Unit$187,500
Units4
Cap Rate7.91%
Gross Income$88,440/yr
Net Operating Income$59,340
Inside Sq Ft3,060
Year Built1925
ConstructionAluminumSiding,Frame
ZoningMF14 (city)
Lot Dimensions50.0 ft x 115.0 ft
Property TypeQuadruplex
MLS #B26079451
StatusActive
Original List Price$795,000
GRM8.5
Stories2
Lot Size0.13 acres
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WaterfrontNo
Days on Market1
Annual Taxes$8,716
FlooringLaminate, Vinyl, Wood
CityWest Palm Beach
Zip Code33401
Tenant PaysCable TV, Electricity, Insurance, Repairs
LOCATION
Where you'll live
Downtown West Palm Beach
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Listing courtesy of JD Bols & Associates · jdbols66@gmail.com. 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 ©2026 BeachesMLS, Inc.