460 Cypress Ave, , 33476

  • $420,000

Buy

Quick Details

MLS #: A11719429
  • Property Type
  • Quadruplex
  • 2208
  • sqft
  • 1962
  • Year Built

Description

DO NOT DISTURB TENANTS! This fourplex offers a strong approximate cap rate of 8.75% with potential growth up to 10%. Each unit is a 2/1 rented at $950/month, including one unit on Section 8. Annual expenses include $6,600 in taxes, $1,000 for landscaping, and $3,000 for miscellaneous costs, totaling $10,600. Net annual income is approximately $35,000 after expenses. Zoning information and the potential to build additional units, as permitted by the City of Pahokee, are included. Don’t miss this chance to invest in a property with steady income and growth potential! No contingency to appraisal.

  • Address 460 Cypress Ave
  • State/county Florida
  • Zip/Postal Code 33476
  • Area Palm Beach County

Details

  • MLS #: A11719429
  • Price: $420,000
  • Property Size: 2208 sqft
  • Year Built: 1962
  • Property Type: Quadruplex
  • Property Status: Buy
Listed by Jeahnny Rendon · Belhouse Real Estate, LLC - Updated on January 13, 2025 at 7:01 pm

Ask a Miami Realty Solution Agent a Question

View Listings
Maria Ramirez PA

Contact Agent About This Property

By submitting I agree to Terms


For more information about this Quadruplex for Buy currently listed for $420000 located in 460 Cypress Ave , Florida 33476 please call our real estate office at 1-(305) 728-0840

© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Compare listings

Compare
Maria Ramirez PA
  • Maria Ramirez PA
Open chat
Hello 👋
Can we help you find a property?