Additional Details

• Ideal Investment Strategy: Rental
• Potential ARV: $575,000/$600,000
• Estimated Rehab: $40,000/$50,000
• Comparable Rent: $6,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 636 42nd St - Triplex - 9/5 - 2641 sq ft - Frame - 1926 Build - February 2022 - Sold to a cash buyer @ $500,000
• Comp 2: 618 49th St - Duplex - 6/4 - 2200 sq ft - 1926 Build - June 2022 - Sold in 4 days 12k above ask @ $450,000
• Comp 3: 3317 Broadway Unit #1 - 3/2 - 2000 sq ft - Rental Condition - July 2022 - Rented @ $3250 per month
• Comp 4: 704 49th St - 1/1 - 730 sq ft - Totally Outdated - June 2022 - Rented @ $1375 per month
• Rehab Description: This area does not require high end finishes to achieve maximum rental rates. Apply fresh paint, replace floors in the main house, install a/c, apply minor cosmetic updates in the kitchens and bathrooms, and deep clean.
• Features: CASH COW TRIPLEX in West Palm Beach. This building features a 4 bed 2 bath main house accompanied by two 1 bed 1 bath apartments. NO HOA or rental restrictions! This property has a roof thats in great condition and newer electrical as well. The units are already in solid condition to make for an affordable rehab. This rental property can generate over $6000 a month and has 8 parking spaces for additional income! Located near Downtown West Palm Beach and Palm Beach.
• Important Details: RentedAlo - Main Unit (4/2) Unit #2 (1/1) Unit #3 (1/1)
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab