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  4. 500 Franklin Road, West Palm Beach, FL 33405
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500 Franklin Road
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PRICED AT ONLY: $925,000

Address: 500 Franklin Road, West Palm Beach, FL 33405

Description

Incredible Tri Plex investment opportunity! This property offers a single level 2/1 unit featuring tile floors, a private patio, and a dedicated laundry room, alongside two spacious townhouse style 3/2 units. The townhouse units boast one bedroom downstairs, two bedrooms and two baths upstairs, tile flooring throughout, and a welcoming open living/dining area with rear patios for outdoor enjoyment. The 6407 unit's kitchen has been updated. All units come equipped with washers and dryers. Long term, reliable, month to month tenants currently occupy the units. Conveniently located just west of US 1 and north of Forest Hill Blvd., providing quick access to shopping, dining, and the vibrant downtown West Palm Beach area.

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More Like This
  • MLS#: RX-11037451 ( Triplex )
  • Street Address: 500 Franklin Road
  • Viewed: 11
  • Price: $925,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 0
  • Days On Market: 56

Description

Incredible Tri Plex investment opportunity! This property offers a single level 2/1 unit featuring tile floors, a private patio, and a dedicated laundry room, alongside two spacious townhouse style 3/2 units. The townhouse units boast one bedroom downstairs, two bedrooms and two baths upstairs, tile flooring throughout, and a welcoming open living/dining area with rear patios for outdoor enjoyment. The 6407 unit's kitchen has been updated. All units come equipped with washers and dryers. Long term, reliable, month to month tenants currently occupy the units. Conveniently located just west of US 1 and north of Forest Hill Blvd., providing quick access to shopping, dining, and the vibrant downtown West Palm Beach area.
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Features
Building and Construction
  • Absolute Longitude: 80.057262
  • Construction: CBS, Stucco
  • Exterior Features: Fence, Open Patio
  • Flooring: Carpet, Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3191.00
  • Total Building Sqft: 3061.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, Corner Lot, Paved Road, Public Road, Sidewalks, West of US-1
  • Lot Dimensions: 110.0 ft x 50.0 ft
  • Subdivision Information: None
School Information
  • Elementary School: South Olive Elementary School
  • High School: Forest Hill Community High School
  • Middle School: Conniston Middle School
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Central
  • Heating: Central, Electric
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
  • Window Treatments: Single Hung Metal
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 45000.00
  • Income Expenses Annual Total Expense: 16020.00
  • Income Expenses Gross Operating Inc: 61020.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric, Taxes, Water
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: COLONIAL ESTS LTS 1 & 2 BLK 16
  • Spa: No
  • Parcel Id: 74434404040160010
  • Possession: Funding
  • Special Assessment: No
  • Special Info: Sold As-Is
  • View: Garden
  • Views: 11
  • Zoning: SF7(ci
Nearby Subdivisions
Central Park 1 Th Pt Of Lt 27    Central Park Historic District   Colonial Estates   Colonial Ests   Estates Of South Palm Beach   Fernwood   Forest Ridge Park   Gardens   Gardens The   Palm Boulevard Ext   Ridgeland Park   Seminole Heights   Vista Encanto   Vista Encanto Add  
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