Bought with Bowen Realty, Inc./WPB
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Key Details
Sold Price $867,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Worth Town Of
MLS Listing ID RX-10377895
Sold Date 02/07/18
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1952
Annual Tax Amount $9,714
Tax Year 2016
Lot Size 0.299 Acres
Property Description
Proforma Cap Rate of 7.7%. Grasp the opportunity to own an 8 unit complex in Lake Worth, FL, where property values have been increasing at a rate that is among the highest in Palm Beach County. Within walking distance of Downtown Lake Worth and Publix, and a short drive to Palm Beach State College, JFK Medical Center, and public/private schools. Units have been improved with upgraded kitchens (granite countertops and black appliances), tile flooring, and fresh paint. Enclosed private courtyard and 9 total parking spaces.
Location
State FL
County Palm Beach
Area 5620
Zoning PO/MF-
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Fence
Utilities Available Electric
Amenities Available Common Laundry
Waterfront No
Waterfront Description None
Roof Type Barrel
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Assumable-Qualify, Cash, Conventional
Listing Terms Assumable-Qualify, Cash, Conventional
Financing Assumable-Qualify,Cash,Conventional
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