Bought with Mizner Grande Realty LLC
$240,000
$250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,028 SqFt
SOLD DATE : 07/19/2019
Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,028 sqft
Price per Sqft $118
Subdivision Lake Ave Add
MLS Listing ID RX-10536869
Sold Date 07/19/19
Bedrooms 6
Full Baths 3
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1964
Annual Tax Amount $2,560
Tax Year 2018
Lot Size 7,347 Sqft
Property Description
This triplex offers a perfect opportunity to build wealth by rental and appreciation income. There are 3 units as a 2/1 and a 2 car garage that could be rented as storage or improved. Two of the units are first floor units and one is over the garage. There is an onsite laundry room for tenants. The property value could be improved easily by investing in the property and then the CAP rate would increase. The tenants are month to month currently. The triplex is located close to great shopping at the Outlets and downtown West Palm Beach. Be sure to see this before the opportunity is gone. Who will be the lucky investor?
Location
State FL
County Palm Beach
Area 5420
Zoning SF14(c
Interior
Heating Central
Cooling Central
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Extra Building, Fence
Garage Spaces 2.0
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Parking Type Garage - Detached, Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre, 1/4 to 1/2 Acre, Public Road
Story 2.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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