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    716 5 Street

    West Palm Beach, FL 33401
    • $244,000
    • STATUS: Closed
    • ON SITE: 209 days
    • ID#: RX-10592437
    Sold - 02/27/2020
    $244,000
    SOLD - 02/27/2020
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,301
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    LETS MAKE A DEAL! Owners wants offers and is ready to sell. Great Investment for opportunity for new investors, developers or longtime investors. This area is the last affordable spot in downtown West Palm Beach. Close walking distance to EVERYTHING (Trains, grocery, restaurants, shops). This sale consists of 3 separate cottages all on one lot. All separate water & electric meters. Lots of money coming into this area. Perfect for the high demand work force housing that is become scarce. OWNER FINANCING IS EVEN A POSSIBILITY!!!!! Lets get this sold!!!

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    www.westpalmhomesearch.com/homes/102324377
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    716 5 Street West Palm Beach, FL 33401

    • Price: $269,000
    • Status: Closed
    • Updated: 125 min ago
    • ID#: RX-10592437
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,301
    SQFT
    $0
    $/SQFT
    1920
    Built
    Neighborhood:
    Clows
    County:
    Palm Beach
    Area:
    West Palm Beach
    Property Description
    LETS MAKE A DEAL! Owners wants offers and is ready to sell. Great Investment for opportunity for new investors, developers or longtime investors. This area is the last affordable spot in downtown West Palm Beach. Close walking distance to EVERYTHING (Trains, grocery, restaurants, shops). This sale consists of 3 separate cottages all on one lot. All separate water & electric meters. Lots of money coming into this area. Perfect for the high demand work force housing that is become scarce. OWNER FINANCING IS EVEN A POSSIBILITY!!!!! Lets get this sold!!!
    Exterior Features

    Carport Spaces 0.00 Construction Frame Exterior Features Open Porch Lot Description < 1/4 Acre Lot Dimensions 50 Ft. X 140 Ft. Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Vinyl FloorWood Floor Heating Other Unit1 Bedrooms 3 Unit1 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1300 Unit2 Bedrooms 1 Unit2 Desc Electric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 428 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 573 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 21744.00 Annual Total Expenses 5856.00 Available Info Investment Analysis Built Desc Resale Contingents None Gross Operating Income 27600.00 Hoa Fee Per Month 0.00 Homeowners Association None 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 OwnerTax Return Special Assessment No Sq Ft Total 2434.00 Subdivision Amenities None Tax Amount 2687.16 Tax Year 2018 Taxes County Only Tenant Pays CableElectricSewerWater Terms Considered CashOtherOwner Unit1 Monthly Income 900.00 Unit2 Monthly Income 600.00 Unit3 Monthly Income 800.00 Unit4 Monthly Income 0.00 Utilities ElectricPublic SewerWater Available Zoning Nwd-R

    Listing provided courtesy of Cpre Organization Inc. Listing information © 2020 BeachesMLS
     
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    Ryan Jennings Group at Keller Williams Realty
    12008 South Shore Blvd.
    Wellington FL, 33414