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716 5th Street

West Palm Beach, FL 33401
  • $359,888
  • STATUS: Active
  • ON SITE: 126 Days
  • ID#: RX-10723935
UPDATED: 82 min ago
$359,888
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,301
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

GREAT INVESTMENT OPPORTUNITY, INVESTORS DREAM,THIS IS AN INCOME PRODUCER PROPERTY. THIS SALE CONSISTS OF 3 SEPARATE COTTAGES (3BR/1BTH, 2BR/1BTH & 1 BR/1BTH) ALL ON ONE LOT. (50x140 = 7,000sqft lot) ALL SEPARATE WATER AND ELECTRIC METERS. OWNER ONLY PAYS TAXES AND INSURANCE. THIS AREA IS THE LAST AFFORDABLE SPOT IN DOWNTOWN WPB. LOTS OF MONEY IS COMING INTO THIS AREA. CLOSE WALKING DISTANCE TO EVERYTHING (CLEMATIS, CITY PLACE, RESTAURANTS, SHOPPING) DO NOT MISS ON THIS OPPORTUNITY. PRICED TO SELL! TENANT OCCUPIED. DO NOT DISTURB TENANTS,SOLD AS IS. ALL OFFERS MUST BE ACCOMPANIED WITH PROOF OF INCOME. CASH OR CONVENTIONAL, LOOKING FOR QUICK CLOSING. AGENTS WILL RECEIVE A BONUS $1000 FOR ASKING PRICE IF CLOSED BY JULY,31,2021. OWNERS WANTS OFFERS.

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www.doyouneedahome.com/homes/118223800
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716 5th Street West Palm Beach, FL 33401

  • Price: $359,888
  • Status: Active
  • Updated: 82 min ago
  • ID#: RX-10723935
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,301
SQFT
$156
$/SQFT
1920
Built
Neighborhood:
Clows
County:
Palm Beach
Area:
West Palm Beach
Property Description
GREAT INVESTMENT OPPORTUNITY, INVESTORS DREAM,THIS IS AN INCOME PRODUCER PROPERTY. THIS SALE CONSISTS OF 3 SEPARATE COTTAGES (3BR/1BTH, 2BR/1BTH & 1 BR/1BTH) ALL ON ONE LOT. (50x140 = 7,000sqft lot) ALL SEPARATE WATER AND ELECTRIC METERS. OWNER ONLY PAYS TAXES AND INSURANCE. THIS AREA IS THE LAST AFFORDABLE SPOT IN DOWNTOWN WPB. LOTS OF MONEY IS COMING INTO THIS AREA. CLOSE WALKING DISTANCE TO EVERYTHING (CLEMATIS, CITY PLACE, RESTAURANTS, SHOPPING) DO NOT MISS ON THIS OPPORTUNITY. PRICED TO SELL! TENANT OCCUPIED. DO NOT DISTURB TENANTS,SOLD AS IS. ALL OFFERS MUST BE ACCOMPANIED WITH PROOF OF INCOME. CASH OR CONVENTIONAL, LOOKING FOR QUICK CLOSING. AGENTS WILL RECEIVE A BONUS $1000 FOR ASKING PRICE IF CLOSED BY JULY,31,2021. OWNERS WANTS OFFERS.
Exterior Features

Carport Spaces 0.00 Construction Frame Exterior Features Open Porch Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 140.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring Vinyl FloorWood Floor Heating Other Unit1 Bedrooms 3 Unit1 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1300 Unit2 Bedrooms 1 Unit2 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 428 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 573 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 32000.00 Annual Total Expenses 5856.00 Available Info Investment Analysis Built Desc Resale Contingents Bckup Cntrct/Call La Development Name Clows Gross Operating Income 38400.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OwnerTax Return Special Assessment No Sq Ft Total 2434.00 Subdivision Amenities None Tax Amount 3552.73 Tax Year 2020 Taxes County Only Tenant Pays CableElectricSewerWater Terms Considered CashOtherOwner Unit1 Monthly Income 1300.00 Unit2 Monthly Income 900.00 Unit3 Monthly Income 1000.00 Unit4 Monthly Income 0.00 Utilities ElectricPublic SewerWater Available Zoning Nwd-R(

Listing provided courtesy of Partnership Realty Inc.. Listing information © 2021 BeachesMLS
 
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