Bought with Affluent Realty of Florida Corporation
$1,100,000
$1,200,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Baths
5,520 SqFt
SOLD DATE : 11/23/2022
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 5,520 sqft
Price per Sqft $199
Subdivision Freshwater Add To Wpb Amnded In Pb 6 P 29 And Pb 7
MLS Listing ID RX-10800724
Sold Date 11/23/22
Construction Status Resale
Abv Grd Liv Area 20
Year Built 1969
Annual Tax Amount $11,092
Tax Year 2021
Lot Size 0.330 Acres
Property Description
Look at all the photos. They are of each individual unit. 8 units all two bedrooms, one bathroom, and 750 Sq.Ft. each. 7 are occupied by tenants. Every unit has separate electric and water meters, central air conditioning, and washer and dryers. Total gross income is $8100 per month, not including the unoccupied unit. It needs some TLC and a new roof. The owner will only accept a cash offer with a 10 day inspection period. The only other terms will be for it to be free of any liens, code violations, and/or fines. One unit has fire damage and needs be cleaned up. It needs a new kitchen. This unit it is not occupied. Unit is not totally destroyed by the fire damage. See photos. Make your offer based on the photos. DO NOT go onto the property, it is tenant occupied.
Location
State FL
County Palm Beach
Area 5420
Zoning RH
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile, Vinyl Floor
Fireplaces Type Smoke Detector
Exterior
Utilities Available Electric, Separate Meter
Waterfront No
Roof Type Comp Shingle
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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