$525,000
- Beds
- 5
- Baths
- 3.0
- sq ft
- 1,700
702 50th St, West Palm Beach, FL 33407
702 50th St
West Palm Beach, FL 33407
- 11 days on market
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. Units 1 and 2 are currently tenant-occupied, with Unit 3 vacant and ready for immediate occupancy.Monthly Income:Unit 1 - $2,100Unit 2 - $1,450Unit 3 - $1,000-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.
Details
Property type
Single Family Residence
Lot size
5,171 sq ft
Price per sq ft
$309
Year built
1926
Annual property taxes
$3,013
Price History
09/09/2024
Beaches #R11019438
Listed
$525,000
Schools & Community
Neighborhood:
Northwood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 09/20/2024 at 2:30 AM
Listing updated: 09/11/2024 at 11:56 AM
Listed by: Maria Termotto, Keller Williams Realty/P B Phone #: (561) 656-2929
MLS: Beaches #R11019438
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