Bought with KSR Properties
$350,000
$365,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,220 SqFt
SOLD DATE : 11/08/2019
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $157
Subdivision Highlands
MLS Listing ID RX-10558670
Sold Date 11/08/19
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $4,481
Tax Year 2018
Lot Size 6,487 Sqft
Property Description
Great income producing CBS triplex, in the heart of Lake Worth Beach! Two 2 bedroom/1 bath units, and one 1 bedroom/1 bath unit in the middle. Large parking lot with 5 parking spaces. New roof installed 2017. Each unit features newer central a/c units, ceramic tile floor throughout, kitchens updated approximately 5 years ago, and washer/dryer hook-ups in each unit. Current rents are below market: Similar units rent around $1100 - $1200 for 2 bedroom units and $1000 for 1 bedroom. Sellers have owned the property around 30 years. Current tenants would like to stay, pay their own utilities, and are all on a month to month basis. Separate electric and water meters for each unit. Great location, just a couple minutes to I-95, and just minutes from downtown Lake Worth Beach and the beach
Location
State FL
County Palm Beach
Area 5620
Zoning SF-7(c
Interior
Heating Central Individual
Cooling Central Individual
Flooring Ceramic Tile
Exterior
Exterior Feature Fence
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
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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