Bought with First World Realty Group,LLC
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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $299
Subdivision Lake Worth Town Of
MLS Listing ID RX-10786333
Sold Date 06/21/22
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1925
Annual Tax Amount $4,716
Tax Year 2021
Lot Size 6,750 Sqft
Property Description
This Property is a Turn Key Duplex consisting of 2 bedroom 1 bath upstairs and a 2 bedroom 1 bath downstairs. Zoned Commercial Mixed Use East giving the availability of building out to a total of 4 units, or rebuilding 4 town homes, with still more room for a pool. Just 1.5 blocks south of Lake Ave on S M Street, and 4 blocks east on Lave Ave from the bridge to the beach, its placed in a perfect proximity of everything downtown Lake Worth and the Lake Worth Beach front has to offer. Entire foundation has been rebuilt, and Brand New Metal roof makes this Investment a great opportunity for Long or Short term rental income. This is a property with a number of possibilities for development, or sprucing up to run as is.
Location
State FL
County Palm Beach
Area 5610
Zoning MU-E(commercial
Interior
Heating Electric, Window/Wall
Cooling Wall-Win A/C
Flooring Laminate, Tile
Exterior
Exterior Feature Fence, Screen Porch, Screened Balcony, Shed, Shutters
Community Features Sold As-Is
Utilities Available Cable, Electric, Gas Natural, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Metal
Present Use Sold As-Is
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre, East of US-1
Story 2.0
Foundation Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Assumable-Qualify, Assume-Non Qualify, Cash, FHA
Listing Terms Assumable-Qualify, Assume-Non Qualify, Cash, FHA
Financing Assumable-Qualify,Assume-Non Qualify,Cash,FHA
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