4381 Purdy LnWest Palm Beach, FL 33406
- Residential income properties
Property Details for 4381 Purdy Ln
- Year built
- 1963
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional three-unit apartment building in West Palm Beach, Florida, presents a compelling investment opportunity. Located at 4381 Purdy Ln, 33406, this Class B property boasts a strong 7.00% capitalization rate, making it an attractive addition to any portfolio. Built in 1963, the single-story building has undergone a complete renovation, resulting in three completely independent residential units, each featuring a modern kitchen and updated bathroom. All units are currently rented, providing immediate cash flow. The property's central location in Palm Beach County offers residents convenient access to urban amenities. This turnkey investment is ideal for those seeking a profitable and low-maintenance property with immediate rental income. The asking price is $875,000. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. Don't miss out on this chance to secure a strong return on investment.
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.6445
- Longitude
- -80.1106
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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