500 Franklin RD Active

West Palm Beach,FL 33405

$ 925000

8 Beds

5 Baths

3061 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,061 sqft

Price per Sqft $302

Subdivision Colonial Estates

MLS Listing ID RX-11037451

Bedrooms 8

Full Baths 5

Construction Status Resale

HOA Y/N No

Year Built 1968

Annual Tax Amount $11,004

Tax Year 2024

Lot Size 5,500 Sqft

Property 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.

Location

State FL

County Palm Beach

Community Colonial Estates

Area 5430

Zoning SF7(ci

Interior

Heating Central,Electric

Cooling Ceiling Fan,Central

Flooring Carpet,Ceramic Tile

Exterior

Exterior Feature Fence,Open Patio

Community Features Sold As-Is

Utilities Available Cable,Electric,Public Sewer,Public Water

Amenities Available None

Waterfront Description None

View Garden

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre,Corner Lot,Paved Road,Public Road,Sidewalks,West of US-1

Story 2.0

Foundation CBS,Stucco

Construction Status Resale

Schools

Elementary Schools South Olive Elementary School

Middle Schools Conniston Middle School

High Schools Forest Hill Community High School

Others

HOA Fee Include Lawn Care,Pest Control

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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