Bought with Vickery Realty, Inc
$368,000
$399,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,800 SqFt
SOLD DATE : 11/18/2019
Key Details
Sold Price $368,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $204
Subdivision Lake Worth Town
MLS Listing ID RX-10554566
Sold Date 11/18/19
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1926
Annual Tax Amount $5,831
Tax Year 2018
Property Description
Excellent Location - 4 Unit Legal Apartment Building - Well MaintainedThis mission revival style fourplex has an excellent corner location one block from Lake Avenue. There are four (4) one bedroom, one bathroom units. The building is fully occupied and the tenants are long term. The total monthly rent is $3,500. Taxes are $5,831 per year. Insurance is $3,753 per year. Utilities (water and main electric) averages $230 per month. Tenants pay their own electric. There is an outside common laundry with a commercial washer and dryer. This investment property is easy to maintain and operate. All units have been updated. There is plenty of ''on and off'' street parking.
Location
State FL
County Palm Beach
Area 5630
Zoning SFTF14
Interior
Heating Other
Cooling Wall-Win A/C
Flooring Laminate
Exterior
Exterior Feature Deck, Fence, Open Patio, Shutters
Utilities Available Electric Service Available, Public Sewer, Public Water, Water Available
Amenities Available None
Waterfront Description None
View Other
Roof Type Built-Up
Private Pool No
Building
Lot Description Sidewalks
Story 2.0
Foundation Frame/Stucco
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions 1 Pet,Pet Restrictions
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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