3 beds
3 Full baths
1926
1,700 sqft
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.
Status:
Pending
Type:
Multi-family
Furnished Remarks:
No
Units:
3
Zoning:
SF7(ci
Subdivision:
NORTH PALM BEACH
Heating:
No Heat
Cooling:
Ceiling Fan, Electric, Wall-Win A/C
Levels:
1
Parking:
Open Parking
Est. Taxes:
$3,013
Construction
Frame,Stucco
Utilities
Public Sewer,Public Water
Lot Description:
< 1/4 Acre
Amenities:
None
MLS #:
RX-11019429
Community Info
School Info
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