PRICED AT ONLY: $600,000
Address: 4559 Cole Street, West Palm Beach, FL 33417
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 beacheshighly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong performing income property!
Property Location and Similar Properties
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- MLS#: R11147186 ( Residential Income )
- Street Address: 4559 Cole Street
- Viewed: 20
- Price: $600,000
- Price sqft: $304
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 1972
- Total Baths: 2
- Days On Market: 108
- Additional Information
- Geolocation: 27 / -80
- County: Palm Beach
- City: West Palm Beach
- Zipcode: 33417
- Subdivision: West Park
- Provided by: Illustrated Properties
- DMCA Notice
Features
Building and Construction
- Fencing: Fenced
- Flooring: Tile
- Roof: Mixed
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Electric: Three Phase
- Heating: Central, Electric, Window/Wall
- Sewer: Septic Tank
- Utilities: Cable Available, Water Available
Finance and Tax Information
- Tax Year: 2025
Rental Information
- Tenant Pays: None
Other Features
- Legal Description: WEST PARK REPL E 65 FT OF TR 14 (LESS S 5 FT COLE ST R/W)
- Parcel Number: 00424325050000143
- Views: 20
- Zoning Code: RH
Nearby Subdivisions
0
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Perfect for an owner occupant or savvy investorlive in one unit and generate income from the other two! This spacious property features 5 bedrooms and 3 bathrooms, with durable tile flooring throughou
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Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
