Bought with Bellaggio Real Estate Group
$280,000
$298,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,560 SqFt
SOLD DATE : 06/01/2017
Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $109
Subdivision Lake Worth Town Of
MLS Listing ID RX-10297058
Sold Date 06/01/17
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1975
Annual Tax Amount $4,416
Tax Year 2016
Lot Size 6,750 Sqft
Property Description
Property currently occupied by three tenants, one rents for 700 mo one for 750 per mo. Current market rent for each unit is 850 per unit.Market rent would gross $40,800.00 yearly Current expenses are $7,000.00 Yearly Potential income $33,800.00Once value is negotiated it is firm and not negotiable, buyer may opt out after 7 day inspection period.Tenants will not be removed prior to closing, new owner will decide who stays.
Location
State FL
County Palm Beach
Area 4620
Zoning SF-7(c
Interior
Heating Central Individual
Cooling Central Individual
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Fence, Open Balcony, Open Patio
Community Features Sold As-Is
Utilities Available Electric, Lake Worth Drain Dis, Public Water
Amenities Available None
Waterfront Description None
View Other
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre, Freeway Access, Paved Road, Public Road, Sidewalks, West of US-1
Story 2.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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