Bought with Highlight Realty Corp/LW
$950,000
$950,000
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9 Beds
8 Baths
3,819 SqFt
SOLD DATE : 01/02/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,819 sqft
Price per Sqft $248
Subdivision Manila Park
MLS Listing ID RX-10936132
Sold Date 01/02/24
Bedrooms 9
Full Baths 8
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $8,873
Tax Year 2023
Lot Size 0.459 Acres
Property Description
***Amazing Investment Opportunity!*** Property is in Excellent condition with Great tenants. City Sewer!4 Units in total. 3 units are 2 bed 2 baths. Fourth unit is a 3 bed 2 bath. All have seperate electric/water meters. Huge property over 20,000 sqft. Plenty of parking. ROOF 2017. Common Laundry with electic cards profesionally managed. 3 Bedroom Unit has it's own laundry.Fully rented and all units are in great shape. Owner only pays landscape, taxes and insurance. Very low overhead. Currently bringing in almost $8,000 per month but rents could be rasied to reach $9,500 monthly. Great 1031 exchange property of for the 1st time investor. Property Manager could be transfered to new owner if desired.Property is turn key ready. Photos are current and accurate respresentation of condition
Location
State FL
County Palm Beach
Area 5690
Zoning MULTIFAMILY < 5
Interior
Heating Central
Cooling Central Building
Flooring Tile
Exterior
Exterior Feature Custom Lighting, Fence
Utilities Available Cable
Amenities Available Bike - Jog
Waterfront No
Waterfront Description None
View City
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Lease OK,None
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
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