Bought with Elite Coastal Properties LLC
$351,500
$395,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
3,684 SqFt
SOLD DATE : 09/14/2015
Key Details
Sold Price $351,500
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,684 sqft
Price per Sqft $95
Subdivision Colonial Estates
MLS Listing ID RX-10103069
Sold Date 09/14/15
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1940
Annual Tax Amount $5,486
Tax Year 2014
Lot Size 0.316 Acres
Property Description
Fantastic 6 unit income producing rental complex. This solid investment consists of a 2/1 single family, 1/1 single family and two 1/1 duplexes surrounding a large courtyard. Conveniently located to restaurants, schools and walking distance to the intracoastal. Currently these rents are WELL BELOW market value. Ample parking. Separate electric meters.Unit 5 is a 1/1 currently at $700 and unit 6 is a 1/1 at $675 per month. This is a rare opportunity and will go fast. *** Drive by and please do not disturb tenants**
Location
State FL
County Palm Beach
Area 5430
Zoning SF7
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Ceramic Tile, Parquet Floor
Exterior
Exterior Feature Shed
Utilities Available Electric
Amenities Available Bike - Jog
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Open Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation Frame/Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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