Bought with Donohue Real Estate Palm Beach
$370,000
$365,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,120 SqFt
SOLD DATE : 07/26/2017
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $118
Subdivision Pine Air 2 Lots 1 & 2
MLS Listing ID RX-10342665
Sold Date 07/26/17
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 21
Year Built 1972
Annual Tax Amount $4,477
Tax Year 2016
Lot Size 0.410 Acres
Property Description
INCREDIBLE OPPORTUNITY! INVESTORS TAKE NOTE! 4 CBS 2br/1ba Units in 2 Duplexes in an Excellent East of Military Tr /South of Summitt Blvd area. Oversized .41 Acre Lot, property is being sold to Settle ESTATE! Some paint and fix-up could net you Thousands!.. NO SHOWINGS AT THIS TIME.. DO NOT DISTURB THE TENANTS OR TRESPASS ON THE PROPERTY AS YOU COULD GET ATTACKED BY DOGS OR SHOT OR BOTH!!! This is a NO BRAINER.. Should yield 10.1% Cap Rate at full price w/rents of $900 each** . THIS WILL NOT LAST..ACT TODAY! ALL INFORMATION REGARDING FINANCIALS IS PROJECTED AND UNVERIFIED AT THIS TIME.. There are 2 Water Meters(1 for each building) tenants pay water and split the monthly bills.(avg $110-125/mo). Property is on Septic System and PBC WATER(PUBLIC).
Location
State FL
County Palm Beach
Community Pine Air 2 Lots 1 & 2
Area 5480
Zoning RM
Interior
Heating Central Individual, Electric, Window/Wall
Cooling Ceiling Fan, Central Individual, Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature Covered Patio, Fence, Open Patio, Open Porch
Community Features Sold As-Is, Title Insurance
Utilities Available Cable, Electric, Electric Service Available, Public Water, Septic
Amenities Available None
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is,Title Insurance
Parking Type Open Parking, Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, Corner Lot, Paved Road, Public Road, West of US-1
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Berkshire Elementary School
Middle Schools Palm Springs Middle School
High Schools Forest Hill Community High School
Others
Senior Community No Hopa
Restrictions Lease OK,Lease OK w/Restrict
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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