Bought with Douglas Elliman (Jupiter)
$454,000
$479,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,848 SqFt
SOLD DATE : 12/31/2020
Key Details
Sold Price $454,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $245
Subdivision Smith Arthur M & Emma D Sub
MLS Listing ID RX-10623118
Sold Date 12/31/20
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $5,080
Tax Year 2019
Property Description
Great investment with this INSTANT INCOME PRODUCING property! 4 unit multi family consisting of three studio apartments & one 1 bedroom apartment on NORTH PALM BEACH! Prime location, walking dist to Palm Beach State College, shopping, beach & more! CBS construction, well water (no h2o bills!), laundry room, some units recently updated/remodeled, exterior has been recently renovated, showing pride in ownership. Plenty up up-side potential to increase rents, prime location, these units rent quickly! As of 9/1/20 property cash flows $4,100/mo. CONVENTIONAL financing welcome. Separate FPL meters+large shared laundry room! Perfect opportunity to live in one unit & collect rents from other 3 to pay your mortgage, or simply make this an investment cash flow opportunity!
Location
State FL
County Palm Beach
Area 5220
Zoning RH-Mulit-Family
Interior
Heating Electric
Cooling Electric, Wall-Win A/C
Flooring Other, Vinyl Floor
Exterior
Exterior Feature Exterior W/D Hookup, Fence, Open Porch
Utilities Available Cable, Electric, Public Sewer, Well Water
Amenities Available Common Laundry
Waterfront Description None
View Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description East of US-1, Public Road
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Financing Cash,Conventional,VA
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