5555 Garden Avenue, West Palm Beach, FL 33405

$439,900
2,328
SqFt
List Price
$439,900
MLS#
RX-10726976
Sq. Ft
2,328
Subtype
Triplex
County
Palm Beach
Community
Fernwood
Subdivision
Fernwood
Year Built
1928

Property Description

INVESTORS SPECIAL!!! GREAT INVESTMENT PROPERTY!! TENANTS IN THE DUPLEX & MAIN HOUSE VACANT!!Tri-plex in West Palm Beach. Up for sale we have a corner lot that has the main house in the front and a duplex in the back. The entire property has a sprinkler system for the landscaping and grass and there is a pest control service contract that will convey over to the new owners. All the units are legal and permitted in the back duplex. The rents have year leases upstairs was it was just renewed this month (6/2021) and downstairs ends in January 2022. All the units have service contracts. The back building's roof is October 2019 and was coated and certified and front building was replaced end of 2010. The main house is vacant and the back duplex has tenants that have been living there for some years now. The duplex CAN NOT be shown to anyone until we are under contract since there are tenants in there. The main house is a 2 bed 1 bath with a foyer, large living room, dining room and a separate laundry room in the back of the house with the washer, dryer hot water tank and plenty of space for storage. The living room, dining, foyer and both bedrooms have real hard wood flooring and tile in the kitchen and bathroom. There is a real wood burning fireplace in the living room. The kitchen area has tile countertops, a fridge and stove. The AC is 2011 and the hot water is 2001. The backhouse which consists of 2 levels, unit A & B. The entire building has Hurricane impact windows and was completely remodeled in 2006. There is central AC in both units and they have a fridge, stove, washer and dryer inside. The 1st floor unit (B) is a 1 bed 1 bath and it is 630 square feet. There is carpet in the living area and tile in the kitchen and bathroom. The upstairs unit (A) is a 2 bed 1 bath and that is 850 square feet. There is carpet in the living area and tile in the kitchen and bathroom. The roof on the backhouse/duplex was sealed in 2020.

Additional Information

Building No
Yes
Hoa
Yes
Status Label
ACTIVE UNDER CONTRACT
Total Unitsin Bldg
3
Construction
Other, Stucco
Cooling
Central, Electric
Exterior Feature
None
Flooring
Carpet, Tile, Wood Floor
Heating
Central, Electric
Lot Description
1/2 to < 1 Acre, Corner Lot, Paved Road, West of US-1
Roof
Flat Tile
Window Treatment
Blinds, Hurricane Windows
Taxes
$5,754
View
Garden
Waterfront
None
Total Unitsin Bldg
3
Roofing
Flat Tile
Utility
Electric, Public Sewer, Public Water
Price Per Acre
8231097.6
Price Per Sqft
$188

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of The Rausch Real Estate Top Gun Team Inc.


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.