Discover an exceptional investment opportunity with this recently renovated 3-unit triplex, with newer roof, perfectly blending charm and modern functionality. Consists of two buildings on a single lot, offering versatile living arrangements and strong rental appeal. Front building is a duplex featuring two 1-bedroom, 1-bath units, each with its own private entrance and fully fenced yard, ideal for tenants seeking privacy and outdoor space. The rear building boasts a spacious 2-bedroom, 1-bath unit with in-unit washer and dryer, modern stainless-steel appliances, and ample living space, catering to the needs of today’s tenants. Potential for long-term growth and ideal for investors looking to expand their portfolio with a high-return, low-maintenance investment.
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.