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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,410 sqft
Price per Sqft $263
Subdivision Southboro Park
MLS Listing ID A11253398
Sold Date 12/01/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $11,676
Tax Year 2021
Contingent No Contingencies
Property Description
This is a great opportunity for a turn key/ easy to manage rental in West Palm Beach. Convert to short term rentals and triple your money! Completely renovated 4 unit property, 3 units in one building with adjoining cottage. Cap rate approximately 6 %, could be improved with increases, with impact windows, new floors, exterior work, roof and new appliances approximately 4 years ago. Showings will be arranged with an offer or lOI. Plenty of off street parking and an additional lot convey( not permitted for residential) other uses are possible. Coin laundry on site. Do not disturb tenants. They are unaware of the sale.
Location
State FL
County Palm Beach County
Community Southboro Park
Area 4320
Direction Please use gps and do not disturb tenants. They are not aware of the sale.
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Other
Total Parking Spaces 10
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Frame,Stucco
Construction Status Resale
Others
Tax ID 74434404130002280
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Coldwell Banker Realty
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