Bought with RE/MAX Prestige Realty/WPB
$130,000
$144,950
10.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,032 SqFt
SOLD DATE : 05/02/2019
Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $125
Subdivision Cherry Hills
MLS Listing ID RX-10499194
Sold Date 05/02/19
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 12
Year Built 1952
Annual Tax Amount $1,793
Tax Year 2017
Lot Size 5,084 Sqft
Property Description
Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015.Cash-flow day one, or improve units to increase the rents and your return!In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.** Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++**** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.
Location
State FL
County Palm Beach
Area 4330
Zoning R2(cit
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature None
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Built-Up,Tar/Gravel
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Frame, Hollow Tile, Stucco
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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