Bought with EXP Realty LLC
$240,000
$239,900
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5 Beds
3 Baths
4,176 SqFt
SOLD DATE : 01/12/2021
Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,176 sqft
Price per Sqft $57
Subdivision Belle Glade Terminals
MLS Listing ID RX-10599695
Sold Date 01/12/21
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $4,792
Tax Year 2019
Lot Size 10,184 Sqft
Property Description
INVESTORS WANTED! This is a remarkable opportunity to acquire this great investment property in Belle Glade, FL which is currently being used as multi-family apartment/office/storage. The main floor (1 Bed/1Bath unit), the Main Bay (office and storage) and the Back Bay (Storage) are currently rented for $500/month each, which means an immediate income stream for the new owner. The top floor (4Bed/2Bath) is currently vacant but you can easily rent it for $1,200/month. However, this property is great for an owner-occupant as well, because you may use the ground floor for your business and reside on the top floor, a potential money-saving measure. All the tenants are responsible for their utilities. The property is located in a commercial/industrial zone. Please do not disturb tenants.
Location
State FL
County Palm Beach
Area 5560
Zoning I-2(ci
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Other, Tile
Exterior
Exterior Feature None
Utilities Available Electric, Public Water
Amenities Available None
Waterfront Description None
Roof Type Other
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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