About 904 4th St
EXCEPTIONAL OPPORTUNITY to acquire this 7.8% + CAP RATE NWD Zoning TURNKEY 3 UNIT income-producing property( approved for 4 rental units ) located in the path of progress, just West of the NORA development, slated for completion by late 2025. The property is steps away from City Place, the Bright Line, and minutes from ocean beaches, Worth Avenue, and PBI Airport . The property consists of three structures featuring FOUR approved rental units: the main house has a 3 BR/ 1.5 BA unit, & a 5BR /2BA unit; a 1BR/ 1BA Guest House; and a Studio/1 BA cottage. This 6,534 SF lot enjoys NWD zoning. New Roof 2022, renovations in 2023. Offered TURNKEY & FURNISHED. Please do not disturb the tenants. Financials & Zoning info in Documents. Just steps from NORA !The owner pays all utilities except for electric for the cottage ( 908 4th) , that has its own meter. For the 2 units in the main house, they are charged for electric. The 1/1 in the back has electric included. Street and alley parking New AC 2022 New Water Heater 2022 New Roof 2022 except cottage
Features of 904 4th St
| MLS® # | RX-11073730 |
|---|---|
| Price | $950,000 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Full Baths | 5 |
| Half Baths | 1 |
| Square Footage | 3,499 |
| Acres | 0.15 |
| Year Built | 1925 |
| Type | Multi-Unit |
| Sub-Type | Quad Plex |
| Style | No |
| Status | Active |
Community Information
| Address | 904 4th St |
|---|---|
| Area | 5420 |
| Subdivision | CLOWS |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33401 |
Amenities
| Utilities | 3-Phase Electric, Public Water |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Central |
| # of Stories | 2 |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | < 1/4 Acre |
| Roof | Other |
| Construction | CBS |
Additional Information
| Zoning | NWD-R |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Douglas Elliman |
|---|