About 906 Foresteria Drive
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
Features of 906 Foresteria Drive
| MLS® # | B26066747 |
|---|---|
| Price | $1,050,000 |
| Square Footage | 3,384 |
| Acres | 0.23 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 906 Foresteria Drive |
|---|---|
| Area | 5270 |
| Subdivision | KELSEY CITY |
| City | Lake Park |
| County | Palm Beach |
| State | FL |
| Zip Code | 33403 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Cooling | Central Individual |
| # of Stories | 2 |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Flat |
| Construction | CBS |
School Information
| Elementary | Lake Park |
|---|---|
| Middle | Howell L. Watkins |
| High | Palm Beach Gardens |
Additional Information
| Zoning | R2 (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Capital Investments R.E. Corp. |
|---|---|
| Phone | 561-906-5542 |