Commerical Sold

  • $349,000
  • 1904 sqft

This property holds 8 decent cottages. It holds 7 studio efficiencies 1b/1b . The owner pays the utilities and the  cottages run off gas. These cottages are located in the neighborhood of Palm Springs which is a good area. They are also located directly down the street from the ocean. The cap rate is 7.5%. Cottages are occupied and rented out, 6 cottages rented out at $585. The 1/1  rents for 800-900. This is a great investment and could even be used as hotel or motel. Tenant occupied, PLEASE DO NOT DISTURB TENANTS.

Price:
$349,000
Address:
2843 Forrest Hill Blvd
West Palm Beach, Fl 33401
Square Feet:
1904
Terms:
For Sale
Property Type:
Commercial
Year Built:
1948
MLS #:
Off Market

Call 1-561-295-8969 for more details

Property Location