Bought with Martown Realty
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Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $156
Subdivision Lake Worth Town Of
MLS Listing ID RX-10591246
Sold Date 02/19/20
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1935
Annual Tax Amount $5,880
Tax Year 2019
Lot Size 6,750 Sqft
Property Description
First time on the market in 29 years! Two duplexes on one corner lot in the Downtown Jewel neighborhood of Lake Worth Beach! All units are 2 bedroom/1 bath units. Roof on one building was replaced around 7 year ago, per the seller. The second building is in the process of getting a new roof, and will be completed before closing. Great location, just steps away from Lake Avenue, with fine dining restaurants, cafe's, coffee shops, pizza parlors, art galleries, ice cream parlor, etc.Two units currently occupied with tenants on leases at $850 per month (below market rent), two units currently unoccupied with projected rents of $1100 per month. Tenants pay for electric and gas. Landlord pays water (one water meter). Great opportunity!
Location
State FL
County Palm Beach
Area 5610
Zoning MF-30(
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Carpet, Ceramic Tile, Other
Exterior
Exterior Feature Fence, Open Patio
Community Features Sold As-Is
Utilities Available Electric, Gas Natural, Public Sewer, Public Water
Amenities Available Bike - Jog, Boating, Golf Course, Picnic Area, Sidewalks, Street Lights
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Rolled
Present Use Sold As-Is
Parking Type None
Private Pool No
Building
Lot Description < 1/4 Acre, Corner Lot, Paved Road, Sidewalks
Story 1.0
Foundation Frame, Woodside
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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