702 50th Street West Palm Beach FL 33407 MLS #RX-11019438

702 50th Street
West Palm Beach, FL, 33407
$525,000
5 Beds
3 Baths
1,700 SqFt
0.12 Acres
Add
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.

Property Details

Price:
$525,000
MLS #:
RX-11019438
Status:
Active
Beds:
5
Baths:
3
Address:
702 50th Street
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
NORTH PALM BEACH
City:
West Palm Beach
Listed Date:
Sep 9, 2024
State:
FL
Finished Sq Ft:
1,700
ZIP:
33407
Lot Size:
5,171 sqft / 0.12 acres (approx)
Year Built:
1926
Ask a Question

See this Listing

Send
  

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…

More About Michael

Mortgage Calculator

 

Schools

Interior

Pets Allowed
No

Exterior

Garage Spaces
0.00
Homeowners Assoc
None
Storm Protection
None
Total Floors/ Stories
1.00

Financial

Map

Community

Similar Listings Nearby

Listing courtesy of Keller Williams Realty/P B, (561)–656–2929

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed.
Rover IDX
702 50th Street
West Palm Beach, FL