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    126 N Palmway , 1-3

    Lake Worth Beach, FL 33460
    • $965,000
    • STATUS: Active
    • ON SITE: 18 Days
    • ID#: RX-10749691
    Price Reduced
    UPDATED: 69 min ago
    $965,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,008
      SQFT
    • $481
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Turnkey Triplex in Parrot Cove. Consisting of a 3 bedroom/2 bath with large private turfed backyard and carport. Two 1 bedrooms/1 bath. All units have W/D, hardwood floors, SS appliances. Impact Windows and Doors. New Roof. Private parking spaces for all residents. All leases are up in December, so continue to rent at higher rental numbers or turn into short-term rentals - either way you will increase rent roll tremendously. This is a legal 3-unit structure where all the work has been done to code. Trophy property priced to sell!

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    www.thefabbrigroup.com/homes/122062044
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    126 N Palmway , 1-3 Lake Worth Beach, FL 33460

    • Price: $965,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: RX-10749691
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,008
    SQFT
    $481
    $/SQFT
    1950
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    Turnkey Triplex in Parrot Cove. Consisting of a 3 bedroom/2 bath with large private turfed backyard and carport. Two 1 bedrooms/1 bath. All units have W/D, hardwood floors, SS appliances. Impact Windows and Doors. New Roof. Private parking spaces for all residents. All leases are up in December, so continue to rent at higher rental numbers or turn into short-term rentals - either way you will increase rent roll tremendously. This is a legal 3-unit structure where all the work has been done to code. Trophy property priced to sell!
    Exterior Features

    Carport Spaces 1.00 Construction CbsConcrete Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 135.0 Ft Private Pool YN No Roof Other Unit1 Parking Carport - AttachedSpace Parking Unit2 Parking Space Parking View Other Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Individual Flooring Ceramic Tile Heating Central Individual Unit1 Bedrooms 3 Unit1 Desc A/C UnitDishwasherDisposalDryerKitchenLaundryMicrowavePatioRange - GasRefrigeratorSmoke DetectorSplit BedroomsWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1200 Unit2 Bedrooms 1 Unit2 Desc A/C UnitDishwasherDisposalDryerLaundryMicrowaveRange - GasRefrigeratorSmoke DetectorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 500 Unit3 Bedrooms 1 Unit3 Desc A/C UnitDishwasherDisposalDryerLaundryMicrowaveRange - GasWasher Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 500 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 48000.00 Annual Total Expenses 15000.00 Available Info AccountingInvestment AnalysisLeases Built Desc Resale Gross Operating Income 63000.00 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 BooksOwnerTax Return Sq Ft Total 2504.00 Subdivision Amenities None Tax Amount 9354.01 Tax Year 2020 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 2500.00 Unit2 Monthly Income 1350.00 Unit3 Monthly Income 1350.00 Unit4 Monthly Income 0.00 Utilities ElectricGas Natural Zoning Mf-20(

    Listing provided courtesy of Charles Rutenberg Realty Fort Lauderdale. Listing information © 2021 BeachesMLS
     
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