Bought with Better Homes & Gardens RE Florida 1st
$300,000
$349,900
14.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
2,288 SqFt
SOLD DATE : 01/27/2021
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $131
Subdivision Pine Air 3
MLS Listing ID RX-10663543
Sold Date 01/27/21
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1971
Annual Tax Amount $3,865
Tax Year 2020
Lot Size 0.294 Acres
Property Description
Very well kept duplex centrally located close to shopping, restaurants and only a few steps away from Berkshire Elementary School, Palm Springs Middle School and many day cares. Endless possibilities: 2b/1b and 1 car garage on each side, may easily turn into a 3 bedroom. This duplex sits on a oversize lot , having the possibility of turning it into a quad. Features a large fenced back yard and shared laundry facility. Rents are extremely below market! Tenants at 1353 is month to month, unit 1351 is Vacant.Great return on your money with a capitalization rate of 7%, with the projected new rents and laundry facility income. Please see documents, for additional ''cap rate'' information.
Location
State FL
County Palm Beach
Area 5480
Zoning RM
Interior
Heating Electric, Window/Wall
Cooling Ceiling Fan, Electric, Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature Fence
Utilities Available Electric, Public Water, Cable
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre, Sidewalks, 1/4 to 1/2 Acre
Story 1.0
Foundation Block, CBS
Construction Status Resale
Schools
Elementary Schools Berkshire Elementary School
Middle Schools Palm Springs Middle School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, VA, FHA, Conventional
Listing Terms Cash, VA, FHA, Conventional
Financing Cash,VA,FHA,Conventional
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