$ 1,300,000
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$1,300,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing 276658635 - 278027895,276665046
Excellent opportunity to acquire a well-maintained 6-unit multifamily property in South Florida. The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9,000/month or $108,000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1,600-$1,750, 2 bed units $1,900-$2,000, and 3 bed units $2,400+. Pro forma gross income is approximately $133,200 annual
Listing Highlights for 3063 Floweva Street A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central,Wall Furnace
- Fireplaces:
- Floor: Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Zoning: RM(cit
- Roof: Tar/Gravel
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $12,368
- Taxes w/Assessments: N/A
- Tax/Property ID: 70434407010020121
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3063 Floweva Street A Palm Springs, FL 33406
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