702 50th Street, West Palm Beach, FL, 33407
4 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 empty by the end of Oct 2024. Unit 2 has a year lease until Sep 2025. Unit 3 has a 6 month lease, until end of March 2025.Monthly Income:Unit 1- $2,100 (expires 10/31/25)Unit 2- $1,450 (9/1/25)Unit 3- $900 (3/31/25)-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:
Single-family residential
Furnished Remarks:
Unfurnished
Zoning:
SF7(ci
Subdivision:
NORTH PALM BEACH
Heating:
No Heat
Cooling:
Ceiling Fan, Electric, Wall-Win A/C
Levels:
1
Est. Taxes:
$3,013
Construction
Frame,Stucco
Utilities
Public Sewer,Public Water
Lot Description:
< 1/4 Acre
Amenities:
None
Pet Policy:
No
MLS #:
RX-11019438
Community Info
School Info
Walk Score
Yelp
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