Bought with RE/MAX Services
$485,000
$750,000
35.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
777 SqFt
SOLD DATE : 04/19/2024
Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 777 sqft
Price per Sqft $624
Subdivision Timber Pines West
MLS Listing ID RX-10956610
Sold Date 04/19/24
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $1,243
Tax Year 2023
Lot Size 77 Sqft
Property Description
VALUE OPPORTUNITY THAT RARELY COMES UP, WITH UNITS THAT ARE IN GOOD SHAPE. ALL THE UNITS ARE 2 BEDROOMS 1 BATH. LARGE MODERN KITCHEN AND HAS A ROW OF CABINETS TOP AND BOTTOM. THERE ARE WASHER AND DRYER HOOK-UP IN ALL THE UNITS. ALL 4 UNITS ARE DEEDED SEPARATELY. HOWEVER, WE ARE SELLING BOTH 4 UNITS AS A GROUP. THE SELLER HAS HAD MOST OF THESE TENANTS FOR A LONG TIME AND THOUGHT OF THEM AS AN EXTENDED FAMILY. HE NEVER PAST ALONG THE PRICE INCREASES THAT HAS HAPPEN IN SOUTH FLORIDA. THE RENTAL ESTIMATES ARE $1,755. TO $1999 PER MONTH. SO WE SHOWED $1750 AS A PROFORMA ESTIMATE. DO NOT WALK THE PROPERTY WITHOUT US BECAUSE SOME OF THE TENANTS WILL CALL THE POLICE.
Location
State FL
County Palm Beach
Community Timber Pines West
Area 5280
Zoning RM-15(
Interior
Heating Central
Cooling Central
Flooring Carpet, Tile
Exterior
Exterior Feature Fence
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View City, Garden, Other
Roof Type Comp Shingle
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Other, Stucco
Construction Status Resale
Schools
Elementary Schools Washington Elementary Magnet School
Middle Schools John F. Kennedy Middle School
High Schools Palm Beach Gardens High School
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions Other
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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