Modern Living Group
Downtown West Palm Beach Residence
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$795,000ACTIVE

1709 Mercer Avenue, West Palm Beach, FL 33401

beds0baths2,365sq ft$336/ sq ft
THE RESIDENCE

About this home

Nicely renovated 4 plex in Mercer Park. Mercer Park is a growing community within walking distance of down town West Palm Beach. Renovation includes new kitchens, new bathrooms, hard surface flooring, newer appliances, lighting fixtures plumbing fixtures, etc. Includes off street parking for 7 cars. Units 3 and 4 have an outside deck. Good cash flow with rents of $72,540/yr.

THE DETAILS

Property details

List Price$795,000
Price / Unit$198,750
Units4
Cap Rate6.70%
Gross Income$70,125/yr
Net Operating Income$53,265
Inside Sq Ft2,365
Year Built1925
ConstructionFrame,Stucco
FlooringLaminate,Tile,Wood
ZoningMF20 (city)
Lot Dimensions49.0 ft x 100.0 ft
Property TypeQuadruplex
MLS #B26043957
StatusActive
Original List Price$795,000
GRM11.3
Tenant PaysCable TV, Electricity, Sewer, Water
Show all details (8 more)
Stories2
Lot Size0.11 acres
WaterfrontNo
ViewCity
Days on Market46
Annual Taxes$6,252
CityWest Palm Beach
Zip Code33401
LOCATION

Where you'll live

Downtown West Palm Beach

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Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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