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Wade M. Berlin

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4559 Cole Street
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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!

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  • MLS#: R11147186 ( Residential Income )
  • Street Address: 4559 Cole Street
  • Viewed: 154
  • Price: $600,000
  • Price sqft: $304
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 1972
  • Total Baths: 2
  • Days On Market: 153

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!
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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: 154
  • Zoning Code: RH
Nearby Subdivisions
0   Breezy Acres   Cam Estates   Cherry Lane   Cypress Lakes   Cypress Lakes 12   Cypress Lakes 2   Cypress Lakes 3-a   Cypress Lakes 4   Cypress Lakes 6-a   Cypress Lakes 7-a   Cypress Lakes 9   Fox Trail East   Foxhall   Foxhall Ph 1   Foxwood Estates 2 Of Lakeside    Grand Isles Condo   Knotty Pine Acres   Lakeside Green 2   Lakeside Green 6   Lakeside Green 7   Melrose Apartments   Merlin Park Revised   My Place Condo   N/a   None   North Landing   Palm Club West Village 2   Palm Club West Village 2, Lake   Park Place Townhomes   Plantation Village Unrec On Am   West Park   Wynnewood Acres 4   Wynnewood Acres 6  
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Details for 4559 Cole Street, West Palm Beach, FL 33417
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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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  2. The Real Estate Professional You Deserve
  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
Wade M. Berlin

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