one property at a time.

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Price
$389,900
509 Douglass Ave, West Palm Beach, FL 33401, USA, ,

Overview

  • 5 Bedrooms
  • 2 Bathrooms
  • 2,052 ft
  • Year Built: 1968

Description

~ Buy and Hold or Flip ~
Located in “CLOWS” Subdivision

The roof is 8 years old

Investment opportunity in downtown WPB blocks away from City Place, Clematis St, beach & major roads

Occupied, Please call for a showing and do not Disturb tenants.

Key Features πŸ”‘
12 minutes from the Beach πŸ–οΈ

17 minutes from The Gardens Mall πŸ›’

12 minutes from Palm Beach Airport ✈️

Property Details 🏠
Rehab Level: Medium

Construction: Block

Electrical Panel: Good Condition

Air Conditioner: 5-7 years

Water Heater: Good Condition

Roof: 8 years

Occupancy: Rented

OpportunityπŸ’°
**LARGE LOT FOR POTENTIAL ADDITIONAL 2 UNITS AND MAXIMIZE INCOME**

3bed/1bath: 2nd floor
Rented $1,426/Month — Yearly Lease and Expires October 31, 2024 (Tenant pays $58/Month and Section 8 pays $1368/Month)
Section 8
Vinyl Flooring
Central A/C – (5 to 7 years old)
Regular Windows – with Hurricane Shutters
own electric and water meter

2bed/1bath: 1st Floor
Rented $1,260/Month — Yearly Lease and Expires May 1st, 2025 (Tenant pays $727/Month and Section 8 covers $533/Month).
Section 8
Tile Flooring
Central A/C – (5 to 7 years old)
Regular Windows – with Hurricane Shutters
own electric and water meter

Local rents for 2/1’s up to $1,650
&
Local rent for 3/1’s up to $2,000

Address: 509 Douglass Ave, West Palm Beach, FL 33401, USA
State:
Zip: 33401
Country: United States
Open In Google Maps
Property Id : 178473
Price: $ 389,900
Property Size: 2,052 ft
Bedrooms: 5
Bathrooms: 2
Property Type: Multifamily
Parking: Assigned
Year Built: 1968
Lot Size: 7179.00 sqft

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