- MLS® #: RX-11003633
- 614 30th St
- West Palm Beach, FL 33407
- $519,000
- 4 Bed, 3 Bath, 2,135 SqFt
- Multi-Unit
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.-Open parking is available for each unit and is ideal for investors seeking a low-maintenance rental property. -This property is sold as-is, offering a canvas for future enhancements or customization to increase value and appeal. -A Proforma is included in the documents tab, providing detailed insights into the financial performance and potential of the property. Capitalize on the potential of West Palm Beach and secure a property that promises growth and profitability. Act fast before it's gone!
View Virtual TourCeiling Fan, Wall-Win A/C, Electric
If you are looking for some vibrant nightlife in West Palm Beach then visit Dr. Feelgood's Rock Bar and Grill. This colorful nightclub was created by Motley Crue’s front man Vince Neil and is a exciting venue for those looking for some great West Palm Beach nightlife.
The Museum at Ragtops Motorcars is one of West Palm Beach most interesting attractions. It has housed some of the most interesting 1950s and 1960s memorabilia since it opened in 1908.
Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.
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Listing information last updated on November 24th, 2024 at 7:45pm CST.