Bought with Illustrated Properties LLC (Jupiter)
$835,000
$950,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
5,100 SqFt
SOLD DATE : 06/12/2020
Key Details
Sold Price $835,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $163
Subdivision Lake View Ridge
MLS Listing ID RX-10613165
Sold Date 06/12/20
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $8,462
Tax Year 2019
Property Description
9 unit apartments, Fully occupied at all times, $9,300 per month income, Nice 8.3% CAP RATE. Building 1 - 5 units, 3 - 2 bed, 1 bath, 2 efficiencies, completely remodeled 2017, new central ac, impact windows, electric, plumbing, tile floors, kitchens with granite, building 2 - 4 units, all 1 bed, 1 bath, 3 units remodeled 2018. Coin laundry, Yearly leases in place. Close to I 95, beaches, shopping, walk to Publix.Four point wind mitigation and roof certification reports available upon request.
Location
State FL
County Palm Beach
Area 5300
Zoning SearchIcon SF7
Interior
Heating Central
Cooling Central
Flooring Tile
Exterior
Exterior Feature Open Patio
Utilities Available Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Built-Up
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
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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