West Palm Beach, FL 33407,1013 State ST
Listed by Home Source Inc.
Bought with Elite Ocean View Realty LLC

$358,000

$372,500

3.9%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

2,250 SqFt


SOLD DATE : 05/31/2019

Key Details

Sold Price $358,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $159

Subdivision Tamarind Park

MLS Listing ID RX-10488559

Sold Date 05/31/19

Bedrooms 6

Full Baths 3

Construction Status Resale

HOA Y/N No

Abv Grd Liv Area 20

Year Built 1946

Annual Tax Amount $2,156

Tax Year 2017

Lot Size 3,580 Sqft

Property Description

Turn-Key Rental Property OR live in one unit and let the others pay your rent! Three units comprised of a two story duplex featuring two-2/1 apartments AND a 2/1 single family house on the same parcel. All units are renovated including new flooring, kitchens, bathrooms, and interior/exterior painting. All units new central AC units. Separate electric and water meters.Privacy fence around the property with low maintenance landscaping, and a detached laundry room offering additional income. A little oasis for residents. Two units currently rented on annual leases. Third unit is used as an AirBnB with excellent reviews. Could easily be rented on an annual lease or move-in ready for an owner occupant. Pro-forma Rental Revenue: $44,400 Expenses: 5,907 NOI: $38,493 = 10.0% Cap

Location

State FL

County Palm Beach

Area 5420

Zoning SF11(c

Interior

Heating Central Individual

Cooling Central Individual

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Fence, Open Porch

Community Features Sold As-Is

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available Common Laundry

Waterfront Description None

Roof Type Comp Rolled,Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2.0

Foundation CBS, Frame, Stucco

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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