Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Carlos Sanchez
  • Pompano Beach, FL
0
Votes |
3
Posts

West Palm Beach Triplex

Carlos Sanchez
  • Pompano Beach, FL
Posted
Could use help making a final decision. Here's what I have; West Palm Beach triplex 322k Unit 1: 2/1 1,050 sqft Rented for 1,175 until 3/1/2018 Unit 2(upstairs to unit 1): 2/1 970 sqft Rented for 1,300 until 12/1/17 Unit 3 (detached with private parking): 1/1 620 sqft Rented for 900 until 3/1/18 Has a one car garage that I can convert to a 2nd bedroom (estimated cost 5k) Built in 1929 bought two years ago by seller Claiming to have done 130k worth of work Both building are flat roofed Separate electrical and owner pays water Last triplex sold august, 2016 for 302k that had smaller units Financing: 3.5% down fha 4% P&I: 1,477.50 Taxes: 443 monthly Insurance: 384 monthly (high estimate) (I will live in extra built room in unit 3 for 6 months) Good or bad deal?

Most Popular Reply

User Stats

25
Posts
14
Votes
Kishia Ward
  • Atlanta, GA
14
Votes |
25
Posts
Kishia Ward
  • Atlanta, GA
Replied

I am actually from that area and zip code, can you provide more details such as street and I can give you a better idea. Our zip code is kinda different depending on where your are located and on what side of 95 you are on.

Loading replies...