Bought with BM2 Realty
$825,000
$1,000,000
17.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,847 SqFt
SOLD DATE : 08/29/2024
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,847 sqft
Price per Sqft $289
Subdivision Inlet Grove
MLS Listing ID RX-10971471
Sold Date 08/29/24
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1935
Annual Tax Amount $8,856
Tax Year 2023
Lot Size 0.346 Acres
Property Description
5 Units in total. 2 front units are free standing stuctures. 2 bed 1 bath each. Back building is a triplex all 1 bed 1 bath units. **A/C's 2020/2021. Front unit has new fridge, new washer/dryer and gas stove. ROOF REPLACED 2019 and 2021**Units have gas in place keeping expenses low. Parking for 10 Cars. **Current Rents: $7,300Unit 1 - 1 bed 1 baths $1,250Unit 2- 1 bed 1 baths $1,250Unit 3 - 1 bed 1 baths $1,250Cottage 1 - 2 bed 1 baths $1,750 Cottage 2 - 2 bed 1 baths $1,800 **Market Rents:1 bed 1 bath market rents are: $1,400 X 3 Units2 bed 1 bath market rents are: $1,900 X 2 unitsTotal Market monthly rents are: $8,000Super close to Singer Island. 2 blocks from Public marina and boat ramp directly in front of Peanut Island.
Location
State FL
County Palm Beach
Area 5280
Zoning RM-15(
Interior
Heating Electric
Cooling Ceiling Fan, Wall-Win A/C
Flooring Laminate
Exterior
Exterior Feature None
Utilities Available Cable, Electric
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
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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