West Palm Beach, FL 33407
$525,000
29 more
Presented By: Keller Williams Realty/P B
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 5
Baths • 3
SQFT • 1,700
Home Details
Introducing a rare opportunity to own a Spanish-style detached triplex in the sought-after area of West Palm Beach. This investment gem offers a current cap rate of 8.61%, making it an attractive option for those looking to enhance their real estate portfolio.Property Highlights:-Three separate rental units present a steady income stream. Units 1 and 2 are currently tenant-occupied, with Unit 3 vacant and ready for immediate occupancy.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $1,000-Built on a 50 x 105 lot, this property showcases classic stucco exterior walls with a durable built-up roof, ensuring long-lasting quality and minimal maintenance.
Presented By: Keller Williams Realty/P B
Interior Features for
Other Interior Features
Total # of Units3
Unit 1 DescRange - Electric, Refrigerator
Unit 2 DescA/C Unit, Range - Electric, Refrigerator
Unit 3 DescA/C Unit, Microwave, Refrigerator
FlooringCeramic Tile, Wood Floor
SqFt - Living1700.00
General for
Adult 55+No Hopa
AuctionNo
Carport Spaces0.00
ConstructionFrame, Stucco
CoolingCeiling Fan, Electric, Wall-Win A/C
Exterior FeaturesNone
Gated CommunityNo
HOANone
HeatingNo Heat
Legal DescriptionNORTH PALM BEACH PLAT 4 LTS 25 & 26 BLK 57
PossessionAt Closing
Property TypeB
REONo
RestrictNone
RoofBuilt-Up
Short SaleNo
Source of ExpensesOwner
StatusActive
Stories1.0
SubdivisionNORTH PALM BEACH
Tax Year2023
Taxes$3,013
Tenant PaysElectric
Terms ConsideredCash, Conventional
TypeTriplex
UtilitiesPublic Sewer, Public Water
Virtual TourClick here
Year Built1926
ZoningSF7(ci
Exterior for
Lot Description< 1/4 Acre
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingOpen Parking
Unit 2 ParkingOpen Parking
Unit 3 ParkingOpen Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
