Bought with Exit Realty Premier Elite
$440,000
$425,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,677 SqFt
SOLD DATE : 12/01/2020
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,677 sqft
Price per Sqft $164
Subdivision Merlin Park Revised In
MLS Listing ID RX-10666246
Sold Date 12/01/20
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 27
Year Built 1972
Annual Tax Amount $5,271
Tax Year 2020
Property Description
Great opportunity for residential income. Loyal tenants already in place. High cap rate of 9.7 % great central location. Each of the four units has two bedrooms and one full bathroom. Each unit is estimated to be 669 square feet. There are washer and dryer hookups available on the outside back porch of the building. Each tenant provides a washer and dryer of their own. Each unit also has its own separate electric and water meters.
Location
State FL
County Palm Beach
Area 5550
Zoning RH
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature None, Open Patio
Community Features Sold As-Is
Utilities Available Electric, Public Water, Septic
Amenities Available None
Waterfront Description None
View Other
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre, Paved Road, West of US-1
Story 1.0
Foundation CBS, 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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