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West Palm Beach, FL 33407

0 Bedroom, 1,700 Sqft, Triplex

AGENT'S REMARKS ABOUT

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. Unit 1 will be available by 10/31/25. Unit 2 is currently under a lease that runs through 9/1/25. Unit 3 is on a six-month lease, set to expire on 3/31/25.Monthly Income:Unit 1 - $2, 100Unit 2 - $1, 450Unit 3 - $900-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.

PROPERTY DETAILS

  • Property Type: Triplex
  • Approx Living Area: 1,700 SqFt
  • Year Built: 1926
  • Age Restrictions: No Hopa
  • Subdivision: NORTH PALM BEACH
  • Age Restricted: No Hopa
  • Annual Property Taxes: $3,013
  • Repo/Reo: No
  • Short Sale: No

MAP LOCATION FOR WEST PALM BEACH, FL 33407

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Do you have questions about West Palm Beach, FL 33407? Contact us for more information and to schedule a tour. You can browse all West Palm Beach Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.

Listing courtesy of Keller Williams Realty/P B 10.06.2024