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2807 Reo Lane, Unit 1, Palm Springs, FL 33461

$1,300,000

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Property Description

 Exceptional Investment Opportunity!  Fully renovated triplex with all improvements completed with permits. This turnkey property features a new metal roof, impact windows, new kitchens, new flooring, new appliances, and washer & dryer in every unit. Each unit has been tastefully updated with matching modern finishes and includes a private metal-fenced backyard.  Three 2-bedroom, 1-bath units, each currently rented for $2,300 per month, providing immediate rental income.  Be sure to view 2785 REO Triplex as well. Both triplex properties are being sold together as a package, creating a unique opportunity to acquire six fully renovated rental units in one transaction. Perfect for investors seeking a low-maintenance, cash-flowing asset with major capital improvements already comp

2807 Reo Lane, Unit 1 | MLS# B26039072

This multi-family property located at 2807 Reo Lane, Unit 1, Palm Springs, FL 33461 is currently listed for sale with an asking price of $1,300,000. Search Palm Springs real estate on echisolm.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Fenced: Yes
Heating: Electric, Central Building
Lot Size: 0.33 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $8,836
Year Built: 1976
Square Feet: 3,128

Amenities

None

Feature Descriptions

Days on Site: 10
Exterior: Stucco
Fencing: Fenced
Flooring: Tile
Laundry: In Unit
Parcel#: 70434418000007180
Patio/Porch: Patio - Open, Patio
Pets Allowed: Yes, No Restrictions
Restrictions: Other Restrictions
Sewer: Public Sewer
Special View Info: City
SQFT Living: 2484
Structure Type: Triplex
Units: 3
Utilities: Cable Available, Sewer Available, Water Available
Utilities: Cable Available, Sewer Available, Water Available
Water: Public
Waterfront Features: None
Windows: Storm Window(s)

Local Schools

High School: John I. Leonard
Middle School: Palm Springs Community (Palm Beach)
Elementary School: Clifford O. Taylor / Kirklane

Listed By / Shown By

Listed By

Agency Name: Home Partnership Group, LLC
Agency Phone: 561-351-4315

Shown By

Agent Name: Etowsha Chisolm
Agent Phone: (904) 352-3064 Cell
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 7,730.10 per month $6,614.60 Principal & Interest $736.33 Property Tax $379.17 Homeowner's Insurance

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