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$289,900

For Sale

$289,900

820 21st St West Palm Beach, FL

Description

AIRBNB 3 COTTAGE TRIPLEX- MASSIVE INCOME POTENTIAL 20% CAP

820 21st St West Palm Beach

6 BED |3 BATH | 1,764 SF

Price: $289,900

Just needs cleanout

Each unit is 2 Beds 1 bath

588 Sf total area 485 living area

Basically airnbnb in the area are going for $80- $120

Let's assume average rent of $100/day x 22 days rented per month= $2200 per cottage

$2200 x 3 cottages = $6600/ month gross income

Assuming 30% global costs projected NOI would be $55,440 for a cap of 20%

note: 1 unit has tenant until 3-31-21 at $950

other 2 vacant

SOLD
For Sell

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