Property Description
Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches-highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Fenced: Yes
Heating: Central, Electric, Window/Wall
Lot Size: 0.21 Acres
Roof Type: Mixed
Stories: 1.0
Taxes: $4,599
Year Built: 1959
Square Feet: 1,972
Feature Descriptions
Days on Site: 106
Exterior: Concrete, Stucco, CBS
Fencing: Fenced
Flooring: Tile
Parcel#: 00424325050000143
Restrictions: No Restrictions
Sewer: Septic Tank
SQFT Living: 1684
Units: 3
Utilities: Cable Available, Water Available
Utilities: Cable Available, Water Available
Water: Public
Waterfront Features: None
Listed By / Shown By
Listed By
Agency Name: Illustrated Properties
Agency Phone: 561-366-1121
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 3,451.54 per month $2,893.29 Principal & Interest $383.25 Property Tax $175.00 Homeowner's InsuranceChange Payment Information
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4559 Cole Street | MLS# R11147186
This multi-family property located at 4559 Cole Street, West Palm Beach, FL 33417 is currently listed for sale with an asking price of $600,000. Search West Palm Beach real estate on www.watsonrealtycorp.com today.