SOUTHERLY HILL

SOUTHERLY HILL is located in West Palm Beach Homes
Great investment or starter home for anyone looking to create a passive stream of income. Priced below market value, so new owners will immediately have equity (home appraised at 369k). This property offers the opportunity to convert the detached structure into a rental property, office space, mother-in-law suite... the possibilities depend on your creativity. Potential earnings are estimated around $3000/month and above (ask me how). That's potentially around $36k a year and a cap rate of 7%!!Brand new solar panels installed 2022, electricity bill historically as low as $70/month for both properties and comes with 25 year warranty. New A/C unit installed in 2019!! Sprinkler System on Well - overall saving you tons of $$$ on your overhead!!! The main home is a 2 bedroom 1 bath featuring.

Details

SOUTHERLY HILL
1118.00 SF (55.0 ft x 95.0 ft)
< 1/4 Acre
0.00
Laminate,Tile

Rooms

Bedroom
Master Bath
  • None
Dining
  • Dining-Living

Additional Rooms

  • Laundry-Inside
  • Storage

Interior Features

  • Stack Bedrooms

Exterior Features

  • Auto Sprinkler
  • Fence
  • Fruit Tree(s)
  • Open Patio
  • Open Porch
  • Room for Pool
  • Shed
  • Shutters
  • Solar Panels

Subdivision Information

  • SOUTHERLY HILL

Property Tax Information

$5,586
2021
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