Bought with Anderson & Carr
$330,000
$260,000
26.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,274 SqFt
SOLD DATE : 06/07/2022
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,274 sqft
Price per Sqft $259
Subdivision Estates Of South Palm Beach
MLS Listing ID RX-10794028
Sold Date 06/07/22
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1955
Annual Tax Amount $3,944
Tax Year 2021
Lot Size 5,000 Sqft
Property Description
Excellent opportunity to acquire a value-add property at below market rates. Situated in the red hot SoSo District of West Palm Beach, the property consists of 2 separate detached 2/1 units. An investor can take advantage of the properties tremendous upside potential with long term tenants on month to month leases (no leases available) and currently paying well below market rates. Another option is for an owner/user to purchase the property; live in one unit and generate income with the other unit. Separately metered electric, one water meter. Don't miss out on this opportunity.
Location
State FL
County Palm Beach
Area 5430
Zoning MF20
Interior
Heating Central, Window/Wall
Cooling Central, Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature None
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Carport - Attached
Private Pool No
Building
Lot Description < 1/4 Acre, West of US-1
Story 1.0
Foundation Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Lease OK
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
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