Modern Living Group
 Residence
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4 photos
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$600,000ACTIVE

3213 Drew Way, Palm Springs, FL 33406

beds0baths2,140sq ft$280/ sq ft
THE RESIDENCE

About this home

Income producing property (Single family zoning) Great Investment opportunity in palm springs, Florida! strong rental income with three separate units: main unit features 4 bedrooms and 3 bath bring in $4,000-month, second unit offers 2 bedrooms and 1 bath bringing $1900 a month, plus a detached 1 bedroom 1 bath unit in the rear. Ideal setup for investors seeking multiple income streams, house hacking, or multi-generational living. spacious parking, updated curb appeal and high demand rental area make this a smart addition to any portfolio. plus, everything is close by shopping plaza, Publix and everything else. Just what an investor needs!

THE DETAILS

Property details

List Price$600,000
Price / Unit$200,000
Units3
Cap Rate10.63%
Gross Income$88,800/yr
Net Operating Income$63,800
Inside Sq Ft2,140
Year Built1957
ConstructionBlock, Concrete, Stucco
FlooringConcrete, Ceramic Tile, Wood
ZoningRS (city)
Property TypeTriplex
MLS #B26020780
StatusActive
Original List Price$900,000
GRM6.8
Tenant PaysCable TV, Insurance
Stories1
Show all details (6 more)
Lot Size0.29 acres
WaterfrontNo
Days on Market56
Annual Taxes$12,924
CityPalm Springs
Zip Code33406
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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