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.
Subdivision:
GROVEDALE PARK PLAN
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Lot Size:
49.0 ft x 100.0 ft
Construction
Frame, Stucco
Utilities
Cable Connected, Electricity Connected, Sewer Available, Water Available
Lot Description:
Corner Lot
Elementary School:
Roosevelt
Middle School:
Conniston Community
Pet Policy:
Yes, Breed Restrictions
Owner Pays:
Cable TV, Electricity, Sewer, Water
1709 Mercer Avenue, West Palm Beach, FL, 33401
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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