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4875 Orlando Avenue

West Palm Beach, FL 33417
  • $480,000
  • STATUS: Active Under Contract
  • ON SITE: 69 Days
  • MLS #: RX-10783503
Under Contract
$480,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,430
    SQFT
  • $198
    $/SQFT
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Description

3 large units (duplex + detached unit) located in unincorporated Palm Beach County. All units are 2bedroom, 1 bath units approximately 810 square feet. Large lot of nearly 1/3 acre provides plenty of spacefor pets and kids to roam.Operating expenses are significantly lower in unincorporated Palm Beach County as property taxes andwater bills are lower than in municipalities. Property has easy access to the large employment base in downtown West Palm Beach via Okeechobee Boulevard and Palm Beach Lakes Boulevard within a 15 minute drive.Units have washer and dryer under porch. Frame construction. 2 units have central HVAC, 1 unit has wall AC units and duct system intact.Property is separately metered for electric and tenants pay electric. LL pays water at approx. $50/month.

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www.jackcodengroup.com/homes/126653688
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4875 Orlando Avenue West Palm Beach, FL 33417

  • Price: $480,000
  • Status: Active Under Contract
  • On Site: 69 Days
  • MLS #: RX-10783503
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,430
SQFT
$198
$/SQFT
1976
Built
Neighborhood:
Roseland Park Hampton Add
County:
Palm Beach
Area:
West Palm Beach
Property Description
3 large units (duplex + detached unit) located in unincorporated Palm Beach County. All units are 2bedroom, 1 bath units approximately 810 square feet. Large lot of nearly 1/3 acre provides plenty of spacefor pets and kids to roam.Operating expenses are significantly lower in unincorporated Palm Beach County as property taxes andwater bills are lower than in municipalities. Property has easy access to the large employment base in downtown West Palm Beach via Okeechobee Boulevard and Palm Beach Lakes Boulevard within a 15 minute drive.Units have washer and dryer under porch. Frame construction. 2 units have central HVAC, 1 unit has wall AC units and duct system intact.Property is separately metered for electric and tenants pay electric. LL pays water at approx. $50/month.
Exterior Features

Carport Spaces 0.00 Construction FrameWoodside Exterior Features Exterior W/D HookupFenceFruit Tree(S)Screened Patio Lot Description 1/4 To 1/2 Acre Lot Dimensions 140 X 120 Private Pool YN No Roof Comp Rolled Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling CentralWall-Win A/C Flooring Ceramic Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitDryerElectric MeterRange - ElectricRefrigeratorWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 810 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDryerElectric MeterRange - ElectricRefrigeratorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 810 Unit3 Bedrooms 2 Unit3 Desc DryerElectric MeterRange - ElectricRefrigeratorWasher Unit3 Full Baths 1 Unit3 Furnished No Unit3 Half Baths 0 Unit3 Sq Ft 810 Unit4 Bedrooms 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 38872.00 Annual Total Expenses 12008.00 Auction No Available Info AccountingDepositDeposit Security Built Desc Resale Contingent Active Under Contract Contingents Inspection Gated Community No Gross Operating Income 50880.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 2834.00 Subdivision Amenities BasketballBike - JogPicnic AreaPlay Area Tax Amount 4608.33 Tax Year 2021 Taxes County Only Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1460.00 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 1380.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic WaterSeptic Zoning Rm

Listing provided courtesy of 49 Units, Llc. Listing information © 2022 BeachesMLS
 
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