500 Franklin Road West Palm Beach FL 33405 MLS #RX-11037451

500 Franklin Road
West Palm Beach, FL, 33405
$725,000
Beds
0 Baths
3,191 SqFt
0.13 Acres
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WHAT AN OPPORTUNITY ! Incredible Tri-Plex investment opportunity! This property offers a single-level 2/1 unit stucco const. featuring tile floors, a private patio, and a dedicated laundry room, alongside two spacious townhouse-style 3/2 units with CBS const. The townhouse units boast one bedroom downstairs, two bedrooms and two baths upstairs, tile flooring throughout, and a welcoming open living/dining area with rear patios for outdoor enjoyment. The 6407 unit’s kitchen has been updated. All units come equipped with washers and dryers. Long-term, reliable, month to month tenants currently occupy the units. Conveniently located just west of US 1 and north of Forest Hill Blvd., providing quick access to shopping, dining, and the vibrant downtown West Palm Beach area.

Property Details

Price:
$725,000
MLS #:
RX-11037451
Status:
Active
Baths:
0
Address:
500 Franklin Road
Type:
Residential Income
Subtype:
Triplex
Subdivision:
COLONIAL ESTATES
City:
West Palm Beach
Listed Date:
Nov 15, 2024
State:
FL
Finished Sq Ft:
3,191
ZIP:
33405
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1968
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Michael Cuevas

Michael Cuevas

Broker Owner

Phone 561 578-2320

Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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Schools

Elementary School:
South Olive Elementary School
Middle School:
Conniston Middle School
High School:
Forest Hill Community High School

Interior

Cooling
Ceiling Fan, Central
Flooring
Carpet, Ceramic Tile
Heating
Central, Electric
Window Treatments
Single Hung Metal

Exterior

Construction
C B S, Stucco
Development Name
Colonial Estates
Exterior Features
Fence, Open Patio
Garage Spaces
0.00
Homeowners Assoc
None
Lot Description
< 1/4 Acre, Corner Lot, Paved Road, Public Road, Sidewalks, West of U S-1
Roof
Comp Shingle
View
Garden
Waterfront Details
None

Financial

Gross Operating Income
$61,020
H O A Fee
$0
Net Operating Income
$45,000
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

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Listing courtesy of Treu Group Real Estate, (561)–350–7883

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-22.
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500 Franklin Road
West Palm Beach, FL