4700 Gardenette Road

West Palm Beach

$729,000
Commercial / Office

Property Description

5 Unit rental income property fully leased out. Newly blacktopped parking lot and building to be painted in March. This apartment building features 2 x 3/2 units, 2 x 2/1 units and 1 x 1/1 unit. All are currently occupied and many have long term tenants that have been there for 10 years. There is room to raise rents. Based on market rents, you could raise the 2/1 units to $1041 (from $1000) and the 3/2 units to $1276 (from $1160).All smoke detectors have been replaced throughout the building with ten year smoke/CO2 detectors and all outlets were brought to GFI code.
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PROPERTY DETAILS

  • Interior
    5,100 Sq Ft.
  • Property Type
    Commercial / Office
  • MLS/Listing ID
    RX-10510401

LOCATION

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TRAVEL TIMEFROMWest Palm Beach
TYPE OF TRANSPORTATION