West Palm Beach, FL 33417,5555 Elmhurst RD
Listed by 32 West Realty Inc.
Bought with Non-Member Selling Office

$249,000

$249,900

0.4%
Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

2,828 SqFt


SOLD DATE : 03/31/2015

Key Details

Sold Price $249,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,828 sqft

Price per Sqft $88

Subdivision Unincorporated

MLS Listing ID RX-10110651

Sold Date 03/31/15

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1981

Annual Tax Amount $3,865

Tax Year 2014

Lot Size 1.620 Acres

Property Description

CBS Triplex (vacant) consisting of a 3/1, 2/1 and 2/1 (potential income $2,500++ monthly) with one water meter. City water & septic, 3 electric meters, on 1.6196 acres. With $12K fee to county, you can build 12 total units. This property backs a canal with water view and is a great location to build additional units while you rent the current bldg. or keep for rental income now while current opportunity value continues to appreciate. Excellent investment opportunity. Needs work TLC, has no appliances, cen ac ductwork exists but units taken. Handyman CASH only.

Location

State FL

County Palm Beach

Area 5500

Zoning RM

Interior

Heating Central

Cooling Central

Flooring Carpet, Ceramic Tile

Exterior

Exterior Feature Open Patio

Community Features Handyman, Sold As-Is, Survey

Utilities Available Electric Service Available, Public Sewer, Septic

Amenities Available None

Waterfront Description Canal Width 1 - 80

View Canal

Roof Type Comp Shingle

Present Use Handyman,Sold As-Is,Survey

Private Pool No

Building

Lot Description 1 to < 2 Acres, 2 to < 3 Acres, West of US-1

Story 1.0

Foundation CBS

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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