Bought with Highlight Realty Corp/LW
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $255
Subdivision Lake Worth Town Of
MLS Listing ID RX-10937545
Sold Date 01/16/24
Bedrooms 6
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1983
Annual Tax Amount $9,671
Tax Year 2023
Lot Size 6,774 Sqft
Property Description
***Amazing Investment Opportunity!*** Property is in Excellent condition with Great tenants. Seperate water & Electric each unit. Laundry in each unit. East of 95 in the heart of Lake Worth. Very close to downtown. New Electric panels and main panel 2022. Owner only pays landscape, taxes and insurance. Very low overhead. Currently bringing in almost $5,000 per month but rents could be rasied to reach $5,500 monthly. Great 1031 exchange property of for the 1st time investor. Property is turn key ready. Unit 1 Month to Month - $1,550Unit 2 Month to Month - $1,695Unit 3 Lease ends 9/2024 - $1,795All units should rent for $1,800 - $1,900 per area market rents.Photos are current and accurate respresentation of condition.
Location
State FL
County Palm Beach
Area 5620
Zoning Mf20
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature None
Utilities Available None
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP