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West Palm Beach FL 33407 US

$525,000

Active Listing ID RX-11019429
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3 bed
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3.00 Bath (3 Full)
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Triplex

$525,000

Active Listing ID RX-11019429
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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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: None
  • Floor Covering: Tile, Tile - Ceramic, Wood
  • Roof Type: Built-Up

Property

  • propertytype: Residential
  • propertysubtype: Triplex
  • listprice: 525000
  • postalcity: West Palm Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33407
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1700
  • livingareaunits: Square Feet
  • listagentfullname: Maria Termotto
  • listagentemail: besthomeeverteam@gmail.com
  • listagentkey: 3yd-RMLSFL-20130130010156217267000000
  • listagentmlsid: 20130130010156217267000000
  • listagentpreferredphone: 5617799452
  • listagentofficephone: 5616562929
  • listofficekey: 3yd-RMLSFL-20130129223946934823000000
  • listofficemlsid: 20130129223946934823000000
  • disclaimer: Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSFL
  • yearbuilt: 1926
  • listingcontractdate: 2024-09-09
  • listagenturl: http://www.luxuryestatesplus.com/
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Frame, Stucco
  • flooring: Tile, Tile - Ceramic, Wood
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Open
  • roof: Built-Up
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: None
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AlternatePrices":[], "BrokerName":"Keller Williams Realty of the Palm Beaches", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Mariatermotto@kw.com", "ListBrokerageCity":"Palm Beach Gardens", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSFL/c5ababc31ed09d8e011ed0c5a0820047/20200501164754773.png", "ListBrokerageName":"Keller Williams Realty of the Palm Beaches", "ListBrokeragePhone":"(561) 656-2929", "ListBrokeragePostalCode":"33410", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"2901 PGA Blvd", "ListBrokerageWebsiteUrl":"http://www.luxuryestatesplus.com/", "ListOfficeAddress1":"2901 PGA Blvd, Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Palm Beach Gardens", "ListOfficeCountry":"US", "ListOfficeEmail":"thesouthfloridabroker@gmail.com", "ListOfficePostalCode":"33410", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - West Palm Beach, FL", "ListingURL":"https://listings.listhub.net/pages/RMLSFL/RX-11019429/?channel=rexren", "MLSModificationTimestamp":"2024-10-16T08:26:20Z", "Neighborhoods":[{"Description":null, "Name":"NORTH PALM BEACH"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3013.25, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/16/2024 9:19:24 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Maria Termotto, Keller Williams Realty/P B, besthomeeverteam@gmail.com

Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.