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    OFF-MARKET
    Small apartment buildings

    443 Kern St, West Palm Beach, FL 33405

    Built 1946
    Property ID
    US18-0928691
    Property summary
    AI-generated overview

    This exceptional 1946-built, one-story triplex in West Palm Beach, Florida, presents a lucrative investment opportunity. Located at 443 Kern St, 33405, this multifamily property boasts a compelling asking price of $875,000. Currently operating at 100% occupancy, the property generates strong cash flow, making it an attractive addition to any portfolio. Recent renovations include the installation of impact windows and doors, enhancing both energy efficiency and the property's overall value. Individual water and electric meters for each unit simplify utility management and billing. The central location offers convenient access to the vibrant downtown West Palm Beach area and the beautiful beaches, ensuring high tenant demand. Serious inquiries only; proof of funds is required for showing consideration. Showings are limited to accommodate current tenants; please do not disturb occupants. This is a rare chance to acquire a well-maintained, high-performing multifamily asset in a desirable Florida location. The property's strong rental income and recent upgrades make it a truly exceptional investment opportunity.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1946
    UPID US18-0928691
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Appartment B 443 Apartment Complex
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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