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513 Franklin Road, West Palm Beach, FL 33405
513 Franklin Road, West Palm Beach, FL 33405
$339,990 - Single Family
1644 sq ft 6 Bedrooms 5 Bathrooms 1925 Year Built

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $480,000/$500,000
  • Estimated Rehab: $50,000/$60,000
  • Comparable Rent: $5,000
  • Construction: Frame
  • Occupancy: Call your Agent
  • Comp 1: 6009 Lake Ave - 3/2 - 1596 sqft - Partially Updated - Frame - 1929 Build - Pending in 1 day @ $535,000
  • Comp 2: 6411 Lake Ave - 3/1 (one less bath) - 1242 sqft (402 sqft smaller) - Partially Updated - Pending in 1 week @ $480,000
  • Comp 3: 818 Lytle St - 3/2 -1304 sqft (340 sqft smaller)- Updated - Frame - 1925 Build - Sold 25k over asking @ $475,000
  • Comp 4: 725 Palmetto St - 3/2 - 1262 sqft (382 sqft smaller) - Frame - Rental Condition/ Outdated - Sold in 10 days @ $450,000
  • Rehab Description: This property requires a full rehab. On the interior you'll need to replace the floors, kitchen, bathrooms, and apply new paint. On the exterior, you'll need a new roof, fresh paint, and install landscaping.
  • Features: AMAZING DEAL in West Palm Beach. This 3/2 home is in a solid location and can be used as a rental property or flipped for a great profit! This property features 3 livable units and is in an incredible location, conveniently located just minutes from Palm Beach International Airport, Downtown West Palm Beach, and City Place!
  • Important Details: M2M Tenants in place -
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab