$ 510,000
-
$510,000
Price -
6
Bed -
3
Bath -
1,952
SqFt
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About the Listing 276620839 - 3467504,279554009
Rare opportunity to acquire a 3-unit multifamily property located at 638 50th Street in West Palm Beach generating $4,950 per month in rental income ($59,400 annually). Built in 1936, the property consists of two buildings totaling 2,868 gross SF on a 0.24-acre lot. The unit mix includes three 2-bedroom/1-bathroom units averaging approximately 651 rentable SF, with wood frame construction, pitched composite shingle roofs, and window-unit A/Cs. Conveniently located near I-95, Downtown West Palm Beach, Palm Beach Island, St. Mary's Medical Center, and the Northwood district. An attractive opportunity for investors seeking immediate in-place income in a growing West Palm Beach rental market.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Pets Allowed
- Water: Public
Exterior Details
- Lot Description: < 1/4 Acre
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: SF7 (city)
- Roof: Composition,Shingle
- Others: Outdoor Living Area,Porch
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,394
- Taxes w/Assessments: $361,241
- Tax/Property ID: 74434304080570190
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
638 50th St West Palm Beach, FL 33407
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