Modern Living Group
 Residence
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4 photos
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$710,000ACTIVE

3213 Drew Way, Palm Springs, FL 33406

beds0baths2,140sq ft$332/ 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. Property is tenant occupied with amazing tenants, so all the hard work is already done. Roof is 2024, 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$710,000
Price / Unit$236,667
Units3
Cap Rate8.99%
Gross Income$88,800/yr
Net Operating Income$63,800
Inside Sq Ft2,140
Year Built1957
ConstructionBlock,Concrete,Stucco
FlooringConcrete,CeramicTile,Wood
ZoningRS (city)
Property TypeTriplex
MLS #B26020780
StatusActive
Original List Price$900,000
GRM8.0
Tenant PaysCable TV, Insurance
Stories1
Show all details (6 more)
Lot Size0.29 acres
WaterfrontNo
Days on Market0
Annual Taxes$12,924
CityPalm Springs
Zip Code33406
LOCATION

Where you'll live

Shane Beckford
FEATURED AGENT
Shane Beckford
Real Estate Specialist

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