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
SIMILAR LISTINGS NEAR
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Listing courtesy of Keller Williams Realty/P B 10.06.2024