1129 Foster Road.

Date Listed
Listing Status
West Palm Beach
$ 189,000

Property Attributes

  • Price$ 189,000
  • LocationFL / West Palm Beach
  • Bedrooms6
  • Bathrooms3
  • Area1888 sqft
  • Year Build1915
  • Direction

Property Description

Unique investment property in west palm beach. This duplex generates cashflow day 1, with lots of upside to improve (needs some tlc). Unique single family industrial zoning gives owners/tenants lots of options! Bring your work trucks and landscaping equipment! One of the units is a large 4x2 (rent $1,000/mo) and 2nd one is a 2x1 (rent $750/mo). Tenants pay all utilities. Separate 2-story two car garage/workshop is currently rented to tenants for additional income ($300/mo), could be converted to additional apartment. Close to major highways and minutes to downtown wpb. Gross rent: $24,600; expenses (tax & ins): $5,245 = noi: $19,355 = 10. 24% cap rate.
IDX information regarding 1129 Foster Road West Palm Beach FL 33407 and West Palm Beach realty in Town of West Palm Beach is provided exclusively for consumer's personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate.

Unless otherwise noted, all property information regarding homes for sale in West Palm Beach FL and West Palm Beach realty in Town of West Palm Beach is obtained from public records and/or provided by MVRealty.
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