Bought with Prestige Properties Group LLC
$810,000
$900,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
10 Baths
6,332 SqFt
SOLD DATE : 05/01/2017
Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,332 sqft
Price per Sqft $127
Subdivision Sugar Pond Manor Of Wellington
MLS Listing ID RX-10301649
Sold Date 05/01/17
Bedrooms 16
Full Baths 8
Half Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1989
Annual Tax Amount $10,444
Tax Year 2016
Lot Size 0.360 Acres
Property Description
ANNUAL GROSS INCOME OF $80400. Four 4 bedroom, 2.1 bath town homes in the heart of Wellington with immediate proximity to everything that makes Wellington ''a great hometown,'' including all A-rated schools. Complete renovation in 2015 includes all new roof, ACs, kitchens, baths, appliances, flooring, wiring (includes hardwired smoke detectors). Two story CBS construction. Each unit of approximately 1,650 sf comes with 2 parking spaces, private entry vestibule, expansive backyard overlooking canal, tile throughout first floor, open floor plans. Price represents $137psf, 7+% cash on cash return at current terms, every tenant renewed for 2017. Also offered with 13901 Folkestone Cir (5 bedroom quadplex), RX-10301642. Seller financing considered. Kindly do not disturb tenants.
Location
State FL
County Palm Beach
Area 5520
Zoning WELL_P
Interior
Heating Central
Cooling Central
Flooring Carpet, Tile
Exterior
Exterior Feature None
Utilities Available Cable, Electric
Amenities Available Play Area
Waterfront Description Canal Width 1 - 80
View Canal
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 2.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Wellington Elementary School
Middle Schools Wellington Landings Middle
High Schools Wellington High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, Owner
Listing Terms Cash, Conventional, Owner
Financing Cash,Conventional,Owner
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