Interior
- Bathrooms
- 0
- Living area
- 3,069 sq ft
Active · Triplex
$828,000
3621 Morton Avenue, West Palm Beach, FL 33405
- Beds
- —
- Baths
- 0
- Living area
- 3,069 sq ft
- $ / sq ft
- $270/sq ft
- Year built
- 1945
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
*****INVESTORS LOOK AT THE CAP RATE *******EXCELLENT INVESTMENT OPPORTUNITY IN GROWING AREA,look under DOCS SECTION FOR RENT ROLL,INSURANCE,ETC.....THIS LISTING CONSISTS OF A 3 BEDROOM 1 BATH HOUSE, A 1 BEDROOM EFF / MOTHER INLAW , AND 2 (2) BEDROOMS 1 BATH EACH , SEPARATE BUILDING ,CENTRALLY LOCATED JUST A FEW BLKS FROM INTERCOASTAL,CLOSE TO I-95,SCHOOLS,PARKS,TWO SEPARATE BLDS,ON AN OVERSIZED LOT.POTENTIAL LAUNDRY ROOM,POSSIBLE COIN LAUNDRY FOR EXTRA INCOME, OR TEAR DOWN AND BUILD 2 TOWNHOMES,POSSIBLY 3 WITH PERMISSION,ETC..
Property location
Get Directions3621 Morton Avenue, West Palm Beach, FL 33405
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Facts & features
Exterior & Structure
- Property type
- Triplex
- Year built
- 1945
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- B26021453
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$1,302
- Cap rate
- 7.6%
- Net yield
- 7.6%
- Cash-on-cash return
- 6.7%
- Gross yield
- 11.3%
- Mortgage payment
- $3,925/mo
- Down payment
- $207,000
- Loan amount
- $621,000
- Annual NOI
- $62,723
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.