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4559 Cole Street

West Palm Beach, FL 33417

MLS#: R11147186

$600,000

Status: Active
Listing number: R11147186
Listing provided by: Illustrated Properties
Listing agent phone: None
Last update: 26 days ago
On site: 4 months ago
Browse Properties
WEST PARK - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

1,684

Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches—highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Central, Electric, Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.21

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $600,000

  • Tax Amount

    $4,599

  • Sq. Footage

    1, 684

  • Price/SqFt

    $356

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

Middle School

High School

Listing Courtesy of Mohammed Ismail , Illustrated Properties

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Excellent Income-Producing Triplex, 10% Cap Rate! Low-maintenance, high-return investment opportunity. This well-maintained triplex features full impact windows throughout, offering durability and insurance savings. The property includes three units: A 2BR/1BA currently rented at $1,900/month (annual lease) A 1BR/1BA rented at $1,400/month The main unit (owner-occupied), previously rented for $2,400/month, with strong potential to rent at the same or higher rate Projected income makes this a true cash-flowing asset for investors. Centrally located just minutes from shopping, dining, the airport, and area beaches—highly desirable for tenants and ensures consistent demand. Don't miss this rare opportunity to own a strong-performing income property!

4559 Cole Street

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