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    711 E 5th Street , #1

    West Palm Beach, FL 33401
    • $470,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: RX-10722233
    UPDATED: 36 min ago
    $470,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,882
      SQFT
    • $163
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Information

    Description

    Centrally located Investment Triplex rental property. Two units rented for $900 each permonth. One of the units is occupied by oneof the owners. Had it been rented at the samemonthly rate the yearly rental would have$32,400. Owners are aware that the market raterent is more than what is being charged but tenants are living there a long time. There is no monthly lease, month to month.

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    www.messickhomes.com/homes/118001311
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    711 E 5th Street , #1 West Palm Beach, FL 33401

    • Price: $470,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: RX-10722233
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,882
    SQFT
    $163
    $/SQFT
    1985
    Built
    Neighborhood:
    Clows
    County:
    Palm Beach
    Area:
    West Palm Beach
    Elementary School:
    Roosevelt Elementary School
    Middle School:
    Conniston Middle School
    High School:
    Forest Hill Community High School
    Property Description
    Centrally located Investment Triplex rental property. Two units rented for $900 each permonth. One of the units is occupied by oneof the owners. Had it been rented at the samemonthly rate the yearly rental would have$32,400. Owners are aware that the market raterent is more than what is being charged but tenants are living there a long time. There is no monthly lease, month to month.
    Exterior Features

    Carport Spaces 0.00 Construction BlockConcreteStucco Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 140.0 Ft Private Pool YN No Roof Other Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking View City Water Frontage No Waterfront Description None Waterfront YN No

    Interior Features

    Cooling CentralElectric Flooring Tile Heating Central BuildingElectric Unit1 Bedrooms 3 Unit1 Desc Electric MeterKitchenRange - ElectricRefrigeratorUtility Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 737 Unit2 Bedrooms 3 Unit2 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 737 Unit3 Bedrooms 3 Unit3 Desc Electric MeterKitchenRange - ElectricRefrigeratorUtility Unit3 Full Baths 2 Unit3 Sq Ft 738 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 0.00 Annual Total Expenses 11080.00 Available Info AccountingOther Built Desc Resale Gross Operating Income 22950.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes A/C MaintenanceInsurance-InteriorLawn CareMaintenance-ExteiorParking Multifamily Type Triplex Possession At Closing REO No Restrictions Buyer ApprovalCommercial Vehicles ProhibitedNo Truck Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherTax Return Special Assessment No Special Info AbstractSold As-IsTitle Insurance Sq Ft Total 3162.00 Subdivision Amenities None Tax Amount 4877.00 Tax Year 2021 Taxes County Only Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Monthly Income 900.00 Unit2 Monthly Income 900.00 Unit3 Monthly Income 200.00 Unit4 Monthly Income 0.00 Utilities ElectricPublic SewerPublic Water Zoning Nwd-R(City)/Urb

    Listing provided courtesy of Tropical Trails Realty. Listing information © 2021 BeachesMLS
     
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