$525,000
$549,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/13/2016
Key Details
Sold Price $525,000
Property Type Other Types
Sub Type Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F1378093
Sold Date 04/13/16
HOA Y/N No
Total Fin. Sqft 6750
Year Built 1925
Annual Tax Amount $12,786
Tax Year 2015
Property Sub-Type Income
Property Description
IF YOU THINK EASY MONEY DOESN'T EXIST, THINK AGAIN. 2 BUILDINGS FOR A TOTAL OF 8 UNITS. IN DWNTWN LAKE WORTH, EAST OF FEDERAL HWY, A SHORT WALK TO THE INTRACOASTAL. NEVER A VACANCY, HIGH QUALITY LONG-TERM TENANTS. A TENANT LEAVES, JUST STICK A SIGN IN FRO NT, AND YOU'LL GET PHONE CALLS RIGHT AWAY. WEST BUILDING HAS A HUGE 2/2 DOWNSTAIRS (COULD BE OWNER'S APARTMENT) & TWO 1/1'S UPSTAIRS. EAST BLDG HAS ONE 2/2, TWO 1/1'S & 2 STUDIOS. 8 SEPARATE ELECTRIC METERS. CAP RATE OVER 10%.PLEASE DON'T DISTURB TENANTS!
Location
State FL
County Palm Beach County
Area Palm Beach 5600; 5610; 5620; 5630; 5640
Zoning MF-30
Interior
Flooring Wood Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction, Frame Construction
Others
Pets Allowed No
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