Bought with Champagne & Parisi Real Estate
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Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $327
Subdivision Lake Worth Town Of
MLS Listing ID RX-10743742
Sold Date 12/14/21
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1925
Annual Tax Amount $10,198
Tax Year 2020
Lot Size 3,375 Sqft
Property Description
Incredible investment opportunity to own a turnkey Fourplex corner with parking lot in the heart of Lake Worth Beach. The Four 1 bedroom/1 bath apartment complex underwent extensive interior and exterior renovations. This turnkey property has many upgrades including SS kitchen appliances, hardwood and porcelain flooring. Washer and dryer in all apartments. Separate electric meters, all impact windows and doors, plus other features highlight this fantastic purchase. 1 block to Lake and a short walk to the Ocean. Immediate income producing as all units are currently rented or 3x Rent Roll as a short-term rental property. This is a legal 4-unit structure where all work has been done to code. Best location with low operating costs and high returns!
Location
State FL
County Palm Beach
Area 5610
Zoning MF-30(
Interior
Heating Central Individual
Cooling Air Purifier, Central Individual
Flooring Ceramic Tile, Wood Floor
Exterior
Exterior Feature None
Community Features Sold As-Is
Utilities Available Cable, Electric
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Tar/Gravel
Present Use Sold As-Is
Parking Type Space Parking
Private Pool No
Building
Lot Description < 1/4 Acre, Corner Lot
Story 2.0
Foundation Block, Concrete, Stucco
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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