Bought with Stein Posner Real Estate Svcs
$220,000
$249,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
3,000 SqFt
SOLD DATE : 05/10/2016
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $73
Subdivision Town Of Lake Worth
MLS Listing ID RX-10198431
Sold Date 05/10/16
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1921
Annual Tax Amount $5,695
Tax Year 2015
Lot Size 6,750 Sqft
Property Description
Absolutely Fantastic INVESTMENT opportunity!!! Fully RENTED heavy duty BLOCK Fourplex in a high density with high demand rental location. A true 11,5% CAP RATE; Great BUILDING; Newer kitchen and bathrooms; Very bright rooms with tons of LIGHT in each room; 2 units with 2Bed/1bath, 2 units with 1bed/1bath, and 1 rented GARAGE; Beautiful Balcony and plenty of Parking; Entrances on both front and back; Separate electrical meters and water PAID by landlord; EASY to manage and maintain. A MUST SEE.
Location
State FL
County Palm Beach
Area 5630
Zoning SFR
Interior
Heating Other
Cooling Wall-Win A/C
Flooring Carpet, Laminate, Tile
Exterior
Exterior Feature Covered Balcony, Open Porch
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Block
Schools
Elementary Schools South Grade Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Senior Community No Hopa
Restrictions Buyer Approval
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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