Prime investment opportunity! Presenting this newly renovated garden-style 6-plex investment property in West Palm Beach. Ideal for investors seeking an income-producing asset. 6 units : One 3 Bedrooms, Four 2 Bedrooms and One 1 Bedroom. All units and building have been completely remodeled with new impact windows installed, new AC units, new paint, new gate, and new landscaping. Large corner lot with 9 parking spaces. With solid returns and excellent potential for growth, this asset promises steady income and long-term value.
Sold for $1,325,000
$1,325,000
424 Valley Forge Rd, West Palm Beach, FL 33405
9beds
4baths
--sqft
Quadruplex
Built in 1940
-- sqft lot
$1,282,800 Zestimate®
$--/sqft
$2,461 Estimated rent
Home value
$1,282,800
$1.14M - $1.45M
$2,461/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 30, 2024 at 05:46am
Listed by:
Benjamin Lipkin 561-212-4640,
LIV Real Estate Group
Bought with:
Benjamin Lipkin, 3443432
LIV Real Estate Group
Source: MIAMI,MLS#: A11558051
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Vinyl
- Windows: High Impact Windows
Property
Parking
- Total spaces: 9
Features
- Stories: 1
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, West Of US 1
Details
- Parcel number: 74434404040120140
- Zoning: SF7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame With Stucco
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: West Palm Beach
- Subdivision: Colonial Estates
HOA & financial
Other financial information
- Total actual rent: 133200
Other
Other facts
- Listing terms: All Cash
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $1,325,000-8.6% |
Source:  MIAMI #A11558051 Report a problem | ||
| 9/4/2024 | Pending sale | $1,450,000 |
Source: MIAMI #A11558051 Report a problem | ||
| 7/17/2024 | Price change | $1,450,000-3.3% |
Source: MIAMI #A11558051 Report a problem | ||
| 5/22/2024 | Price change | $1,500,000-3.8% |
Source: MIAMI #A11558051 Report a problem | ||
| 3/28/2024 | Listed for sale | $1,560,000+64.2% |
Source: MIAMI #A11558051 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,552 +2.1% | $642,280 +2.9% |
| 2023 | $14,251 +9.4% | $624,368 +21.2% |
| 2022 | $13,021 +7.9% | $515,238 +10% |
Find assessor info on the county website
Neighborhood: South Side
Nearby schools
GreatSchools rating
- 7/10South Olive Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Conniston Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,282,800