Excellent investment opportunity, this triplex offers 3, 2-bedroom and 1-bath, on separate electric meters. The property also features three newer AC units and water heaters. The property sits on a large lot with plenty of parking and a fenced-in yard. The property is tenant-occupied, so please do not walk on the property. Drive-bys are OK.
Central location in Palm Springs, Four (4) Duplexes (8 units) each has 2bed/1ba updated remodeled inside, with tile floors and new kitchen with granite, each unit have city water & sewer meters, FPL electric meters central Air/Heat. All duplexes Have new hurricane impact windows, new roofs Dec. 2024 and new exterior paint. All in excellent condition. Fully rented with leases and never a vacancy. Owner are retiring due to old age. Owner is also selling a 4-bedroom 3-baths house and a 1 bedroom one bath house with laundry inside in Palm Springs across from the street from the 4 duplexes. A total of ten units four duplexes and two houses may be purchased together.
Welcome to the perfect income generating property! This remodeled duplex features a 3/2 with pool that is an up and running Airbnb making $5k a month on average. The unit has bookings through April and those will convey. The 2/1 side is on a month to month lease for $2k a month and can be delivered vacant or occupied. Upgrades include remodeled kitchens and baths with high end finishes, new electric panels, newer AC units, new roof, 1 year old refinish on pool, and smart home features. The 3/2 side is being offered turn key! This property sits on a half of an acre and has the potential to add another unit. Call listing agent for showings as they depend on schedule.
Discover an exceptional investment opportunity with this recently renovated 3-unit triplex, blending charm and modern functionality. The property features two buildings on one lot with a newer roof. The front duplex offers two 1-bedroom, 1-bath units, each with private entrances and fenced yards. The rear building boasts a spacious 2-bedroom, 1-bath unit with in-unit laundry, stainless steel appliances, and ample living space. Ideal for investors seeking a low-maintenance, high-return property, this triplex offers strong rental appeal and a potential cap rate of twelve per-cent when fully rented.
4 Units for sale in same Community. Not connected. 3 Units are month to month well under market value. HOA includesCable; Common Areas; Insurance-Bldg; Maintenance-Exterior; Management Fees; Pool Service; Roof Maintenance; Water. Rents At Mkt Value, Cap rate could potentially exceed 8%
This property is perfect for Investors, Builders, Assisted Living Facility ALF, Group Home, Sober Home etc. This property is currently zoned to build and or convert to up to 7 residential units. The property sits on .70 acre and consists of a 4/3 Single Family, 3/1 attached in-law suite and 7 car detached garage and 1 RV space rental. (RV Not included in the sale). Centrally located on desirable dead end street, Minutes from I95 and shopping centers. Call your investors and builders today. Sold As Is with right to inspect. Buyer to complete own due diligence and verify use and development potential with the city of Palm Springs.
Palm Springs is located in Florida. Palm Springs, Florida has a population of 26,611. Palm Springs is more family-centric than the surrounding county with 26.18% of the households containing married families with children. The county average for households married with children is 25.71%.
The median household income in Palm Springs, Florida is $51,358. The median household income for the surrounding county is $68,874 compared to the national median of $69,021. The median age of people living in Palm Springs is 36.8 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 55.4 degrees. The average rainfall is approximately 61.7 inches per year, with 0 inches of snow per year.