Bought with Affluent Realty of Florida Corporation
$725,000
$779,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
8 Baths
5,824 SqFt
SOLD DATE : 12/16/2020
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,824 sqft
Price per Sqft $124
Subdivision Acreage & Unrec
MLS Listing ID RX-10666481
Sold Date 12/16/20
Bedrooms 10
Full Baths 8
Construction Status Resale
HOA Y/N No
Year Built 1978
Annual Tax Amount $8,598
Tax Year 2020
Property Description
Multi-Family 6 unit property for sale in Lake Worth area. The property consists of 2 separate 1 story buildings. Each building provides 3 units. Four/4 - Two/2 Bedrooms Two/2 Bathrooms and Two/ 2 Three/3 Bedrooms Two/2 Bathrooms. 2 separate parking areas with 16 spaces total. Fully Leased at a 7.75 cap.Property is located in heart of central Lake Worth Area just east of Military Trail. NO RESTRICTIONS, NO HOA, SEPARATE WATER and ELECTRIC METERS on all 6 units, all units have central a/c's, all tiled, aluminum windows. Property has a septic system. 2 of the 6 Units recently remodeled to show market rents. 4 units are long term tenants which are very below market rent. This is an amazing opportunity. being sold AS-IS with some Leases and Month to Month Leases.
Location
State FL
County Palm Beach
Area 5720
Zoning RM
Interior
Heating Central
Cooling Ceiling Fan, Central
Flooring Ceramic Tile
Exterior
Exterior Feature None
Community Features Corporate Owned, Sold As-Is
Utilities Available Electric, Septic, Water Available
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Corporate Owned,Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Diamond View Elementary School
Middle Schools Tradewinds Middle School
High Schools Lake Worth High School
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
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