Bought with Southdale Properties Inc.
$175,500
$185,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,370 SqFt
SOLD DATE : 03/23/2017
Key Details
Sold Price $175,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,370 sqft
Price per Sqft $128
Subdivision Town Of Lake Worth
MLS Listing ID RX-10299093
Sold Date 03/23/17
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,008
Tax Year 2016
Property Description
The availability of multi-family buildings for sale in Lake Worth is perpetually scarce. The existence of Spanish Mission architecture within our beloved city is rare too. This property, amazingly, is BOTH! Legal duplex (2 rental units) with authentic historic charm! Most importantly, a location walking distance to Lake Worth's downtown strip, Lake Ave! The magical mixture of highly valuable components important to lucrative real estate investment... All here! Because both units are large, this fully rented duplex's income ($2,075 / mo!) approaches the level many triplexes are earning! Front off-street parking, and a deep backyard are useful perks appreciated by the tenants. Enhancements, including ceramic tile floors and electrical upgrades, are aspects you'll applaud.
Location
State FL
County Palm Beach
Area 5600
Zoning SfTf14
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature None
Community Features Sold As-Is
Utilities Available Electric Service Available, Public Sewer, Public Water, Water Available
Amenities Available None
Waterfront Description None
Roof Type Comp Rolled
Present Use Sold As-Is
Private Pool No
Building
Lot Description Interior Lot
Story 2.0
Foundation Frame/Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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