5915 S 37th Street

    Greenacres, FL 33463
    • $395,000
    • STATUS: Active Under Contract
    • ON SITE: 10 days
    • ID#: RX-10622998
    Under Contract
    UPDATED: 160 min ago
    $395,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,776
      SQFT
    • $142
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Description

    Triplex located in a good rental area. CAP rate with the current rents 7%. Room to increase rental rates to increase CAP rate to approximately 10%. The property has a new shingle roof. All the windows have newer accordion hurricane shutters. Each has a attached storage unit. Stack washer and dryer in each unit. Separated back yard areas. Each rental has its own HVAC unit, separate electrical and water meters. Ideal for investors looking for a good return and some TLC improvements. Current occupants have been long term renters.

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2020 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2020-05-26T00:04:34.627.
    www.westpalmhomesearch.com/homes/105921250

    5915 S 37th Street Greenacres, FL 33463

    • Price: $395,000
    • Status: Active Under Contract
    • Updated: 160 min ago
    • ID#: RX-10622998
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,776
    SQFT
    $142
    $/SQFT
    1980
    Built
    Neighborhood:
    Villa Del Trio
    County:
    Palm Beach
    Area:
    Greenacres
    Elementary School:
    Greenacres Elementary School
    Middle School:
    L C Swain Middle School
    High School:
    John I. Leonard High School
    Property Description
    Triplex located in a good rental area. CAP rate with the current rents 7%. Room to increase rental rates to increase CAP rate to approximately 10%. The property has a new shingle roof. All the windows have newer accordion hurricane shutters. Each has a attached storage unit. Stack washer and dryer in each unit. Separated back yard areas. Each rental has its own HVAC unit, separate electrical and water meters. Ideal for investors looking for a good return and some TLC improvements. Current occupants have been long term renters.
    Exterior Features

    Carport Spaces 0.00 Construction CbsConcreteStucco Exterior Features FenceOpen PatioShutters Lot Description < 1/4 AcrePublic Road Private Pool YN No Roof Comp ShingleWood Joist Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentralElectric Flooring Other Heating CentralElectric Unit1 Bedrooms 3 Unit1 Desc Den/FamilyDryerElectric MeterKitchenRange - ElectricRefrigeratorSmoke DetectorStack BedroomsUtilityW/D HookupWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 968 Unit2 Bedrooms 2 Unit2 Desc Den/FamilyDryerElectric MeterKitchenRange - ElectricRefrigeratorSmoke DetectorStack BedroomsUtilityW/D HookupWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 864 Unit3 Bedrooms 3 Unit3 Desc Den/FamilyDryerElectric MeterKitchenRange - ElectricRefrigeratorStack BedroomsUtilityW/D HookupWasher Unit3 Full Baths 1 Unit3 Furnished No Unit3 Half Baths 1 Unit3 Sq Ft 968 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 26914.00 Annual Total Expenses 7286.00 Available Info None Built Desc Resale Contingent Contingent Contingents Financing Gross Operating Income 34200.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None 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 Owner Sq Ft Total 2944.00 Subdivision Amenities None Tax Amount 5285.98 Tax Year 2019 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Monthly Income 850.00 Unit2 Monthly Income 950.00 Unit3 Monthly Income 1050.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Rm-1(C

    Listing provided courtesy of R&R Realty Inc. Listing information © 2020 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2020 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2020-05-26T00:04:34.627.
     
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