Four-Unit Residential Income
916 4th St 1 West Palm Beach, FL 33401
For Sale
$260,000
Pending
Four 2BR/1BA units with separate water and power meters, including two occupied rentals and two vacant units.
Days on Market41
Property Features for 916 4th St 1
General Information
- Standard status
- Pending
- Property subtype
- Investment
Building Details
- Year Built
- 1971
Listing Agency:
(754) 246-7218
Listed By:
Eric Morin
(754) 246-7218
Source:
Elliman
Added: Jun 14
Changed: Jul 23
Last Checked: Jul 24 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eric Morin
Investment Insights
Based on property information with market context.
This investment property features four residential units, each configured as a 2 bedroom / 1 bathroom layout. Each unit has separate water and power meters, supporting straightforward utility separation across the building. Currently, two units are rented and two units are vacant and being marketed for new tenants.
According to the provided information, the two rented units are generating $850 each, and the seller states a potential yearly income of $40,000. The property is positioned for tenants who are more car-dependent, with WalkScore and TransitScore noted as 36 and BikeScore noted as 55 in the available remarks.
Overall, this is a four-unit income asset with an established rent roll for half the building and immediate leasing underway for the remaining units.
According to the provided information, the two rented units are generating $850 each, and the seller states a potential yearly income of $40,000. The property is positioned for tenants who are more car-dependent, with WalkScore and TransitScore noted as 36 and BikeScore noted as 55 in the available remarks.
Overall, this is a four-unit income asset with an established rent roll for half the building and immediate leasing underway for the remaining units.
Key Highlights
- 4‑unit investment property built in 1971
- Each unit is a 2BR/1BA with separate water and power meters
- Two units are currently rented for $850 each
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four 2BR/1BA units with separate water and power meters, including two occupied rentals and two vacant units.
Where is this quadplex located?
The property is located at 916 4th St 1 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 4‑unit investment property built in 1971; Each unit is a 2BR/1BA with separate water and power meters; Two units are currently rented for $850 each
