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21579595
21579596

8690 Sunset Dr A, Palm Beach Gardens, FL 33410

AT
Orange Realty & Management Inc.
Orange Realty & Management Inc.
Listed by Orange Realty & Management Inc.
$900,000
483 days on market
Updated 31 days ago

none

Details
APN 52424224000001280
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,200
Units 3
NOI $55,200
Year Built 1973
Zoning RM (city
Parking Spaces 6 spaces
Parking Per SqFt 1.88

Multifamily | 3 Units

Marketing description

INCOME PRODUCING TRIPLEX, Unit #1: 2/1 $1,750.00 Lease ends 11/14/2026., Unit#2: 3/2 $2,300.00 Lease ends 07/19/2026., Unit #3: 2/1 $1,750.00 Lease ends 04/30/2027., Total monthly income $5,800.00, Gross annual income $69,600.00, long-term tenants, looking to stay and renew the leases, a new roof on both buildings in 2021, a new Septic Drain field in June 2020, new paint, some updating to kitchens and baths, plenty of parking, all with separate electric and water meters. Sold As Is with the right to inspect. Seller is firm on price. No showings without an accepted offer and proof of funds. Showing will be scheduled at the time of inspection only.
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Listing Contacts

AT
Orange Realty & Management Inc.
Orange Realty & Management Inc.
Listed by Orange Realty & Management Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$55,200.00
$4,600.00/mo

Valuation Metrics

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DSCR
6.13%
Cap Rate
6.13%
ROI

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