Excellent Income-Producing Fourplex! Located in the heart of West Park, this well-maintained fourplex presents a strong opportunity for investors seeking stable cash flow with upside potential. The property consists of four 2BED/1BATH units, each offering functional layouts and strong rental demand. When fully occupied, the property generates $7,000+ per month in gross rental income. Currently, three units are occupied, with one unit intentionally kept vacant for showings, providing immediate flexibility for a new owner to lease or occupy. With convenient access to major roadways, shopping, and public transportation, this asset offers consistent rental income and long-term value. Ideal for both seasoned investors and those looking to expand their multifamily portfolio in a growing South Florida market.
4017 SW 24th St, West Park, FL, 33023
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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