Bought with Rent 1 & Sale 1 Realty - CS I
$499,000
$450,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,582 SqFt
SOLD DATE : 03/10/2023
Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,582 sqft
Price per Sqft $315
Subdivision Town Of Lake Worth
MLS Listing ID RX-10780981
Sold Date 03/10/23
Bedrooms 4
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1945
Annual Tax Amount $6,425
Tax Year 2021
Lot Size 6,750 Sqft
Property Description
A fully renovated cash cow triplex in historic Lake Worth blocks from Lake Ave with shopping, restaurants and plenty more. The units are fully occupied with high quality tenants in place. Tenants always pay on time and are super respectful. There is an opportunity for an increase in rents. Tenants pay electric/gas while Landlord pays water at an average of $120 p/m. Parking is available in rear or on street. Park your money here and watch your GROSS CAP RATE top 7%. Viewing by appointment only.
Location
State FL
County Palm Beach
Area 5610
Zoning SF-R(c
Interior
Heating Gas
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Fence
Utilities Available Cable, Public Sewer
Amenities Available None
Waterfront Description None
Roof Type Metal
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Frame, Other, Woodside
Construction Status Resale
Others
HOA Fee Include Trash Removal
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
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