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THE RESIDENCE
About this home
Nicely renovated 4 plex in Mercer Park. Mercer Park is a growing community within walking distance of down town West Palm Beach. Renovation includes new kitchens, new bathrooms, hard surface flooring, newer appliances, lighting fixtures plumbing fixtures, etc. Includes off street parking for 7 cars. Units 3 and 4 have an outside deck. Good cash flow with rents of $72,540/yr.
THE DETAILS
Property details
List Price$795,000
Price / Unit$198,750
Units4
Cap Rate6.70%
Gross Income$70,125/yr
Net Operating Income$53,265
Inside Sq Ft2,365
Year Built1925
ConstructionFrame, Stucco
FlooringLaminate, Tile, Wood
ZoningMF20 (city)
Lot Dimensions49.0 ft x 100.0 ft
Property TypeQuadruplex
MLS #B26043957
StatusActive
Original List Price$795,000
GRM11.3
Tenant PaysCable TV, Electricity, Sewer, Water
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Stories2
Lot Size0.11 acres
WaterfrontNo
ViewCity
Days on Market28
Annual Taxes$6,252
CityWest Palm Beach
Zip Code33401
LOCATION
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Listing courtesy of JD Bols & Associates · jdbols@sekur.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.