Bought with Engel & Voelkers
$395,000
$450,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
3,812 SqFt
SOLD DATE : 10/21/2016
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,812 sqft
Price per Sqft $103
Subdivision Northwood
MLS Listing ID RX-10264774
Sold Date 10/21/16
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1951
Annual Tax Amount $4,698
Tax Year 2016
Lot Size 7,881 Sqft
Property Description
Unbelievable opportunity to buy two adjacent income producing CBS Multi-family properties in West Palm Beach just down the street from the upcoming Rybovich Village, the bustling Northwood Village and less than 10 minutes to Downtown West Palm Beach. 524 48th has 4 income producing units and 526 48th St has 2 units. Live free in one unit and let the rents pay the mortgage! Tenants have not had a rent increase in 16 years. They are month to month so you have flexibility.The rent rolls are:522 $625.00, 524 $650.00, 524a 575.00, 524b $765.00, 526 $647.00, 528 $695.00.**DO NOT WALK ON PROPERTY WITHOUT APPOINTMENT NOR DISTURB THE TENANTS**Buyers agent to verify all facts and figures. Expenses provided are estimates. Income is accurate.
Location
State FL
County Palm Beach
Area 5420
Zoning SF7-C4
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature None
Utilities Available Public Sewer
Amenities Available None
Waterfront Description None
Water Access Desc Common Dock
View City
Roof Type Other
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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