428 Roseland Dr - Apartments FOR SALE


West Palm Beach, FL 33405
$950,000 USD
428 Roseland Dr, West Palm Beach, FL for Sale
$950,000 USD
Apartments - FOR SALE
1/17
null | 7.25% Cap Rate

428 Roseland Dr
West Palm Beach, FL 33405


OVERVIEW

Welcome to Four at Roseland, a stunning four-plex located in the heart of vibrant West Palm Beach. This property is perfect for investors or owner-occupants seeking a fantastic opportunity in one of South Florida's most desirable areas. Property Highlights: Unit Details: All four units feature 2 bedrooms and 1.5 bathrooms, offering spacious and comfortable living spaces for tenants. Rental Income: Current rents are $1,650, $1,700, $1,700, and $1,900, with an additional $100 RUBS fee per unit for water, sewer, and trash services. Recent Upgrades: New impact-resistant doors for enhanced safety and storm protection. Updated outdoor lighting and freshly painted exterior for added curb appeal. Interior updates include vinyl wood flooring and select units with washer/dryer hookups One Unit Vacant for Showings: An excellent opportunity to explore the potential of this property firsthand. Investment Potential: With steady rental income and ongoing updates, this property is well-suited for both seasoned investors and those looking to owner-occupy while earning rental income. Location Benefits: Situated in the heart of West Palm Beach, 428 E Roseland is close to schools, shopping, dining, and entertainment options, making it an attractive choice for tenants and owners alike. Additional Information: All facts and figures are approximate and subject to buyer verification through MLS information. Don't miss this exceptional opportunity to own a beautiful and updated four-plex in one of Florida's most sought-after markets! conveniently located approximately 2.5 miles from Palm Beach Municipal Beach. This distance makes it a short drive or bike ride, allowing residents to easily enjoy the beautiful Atlantic coastline.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$374 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

7.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,088 SF

ZONING

MF20

APN/PARCEL ID

74-43-43-33-29-008-0010

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Sophia WilletsGrace CREMore Info

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