Excellent income-producing property!Low-maintenance and high-return investment opportunity. This triplex has all impact windows. The owner currently occupies the main unit, while the additional 2-bedroom, 1-bath unit rents for $1,900 on an annual lease and the 1-bedroom, 1-bath unit rents for $1,400.The owner's unit was previously rented for $2,400 per month, and the new owner can easily rent it again for $2,400 or more, making this property a true cash cow.Centrally located just minutes from supermarkets, restaurants, the airport, and beautiful beaches--an ideal location for both owners and tenants. Don't miss this rare income opportunity!
Heating:
Central, Electric, Window/Wall
Cooling:
Ceiling Fan, Central, Wall-Win A/C
Parking:
Open Parking, Space Parking
Construction
CBS,Concrete,Stucco
Utilities
Cable,Electric,Public Water,Septic
Lot Description:
< 1/4 Acre
4559 Cole Street, West Palm Beach, FL, 33417
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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