Bought with KSR Realty LLC
$400,000
$450,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,916 SqFt
SOLD DATE : 08/21/2019
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,916 sqft
Price per Sqft $137
Subdivision Washington Heights
MLS Listing ID RX-10523154
Sold Date 08/21/19
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1965
Annual Tax Amount $3,663
Tax Year 2018
Lot Size 5,756 Sqft
Property Description
Completely remodeled with a permit from top to bottom with new electric and plumbing, new sub-floors and tile floors, tile, kitchen and bathroom. Very low maintenance cost due to new AC's, appliances and windows. Proforma monthly gross income is $4,400, annual gross income is $52,800, operating expenses are property taxes : $3,663/year, property insurance : $2,434/year ( property $1,999, general liability $435 ) , lawn $,600/year total expenses : $8,697. Annual net income is $44,103. Cap rate is %9.80.
Location
State FL
County Palm Beach
Area 5420
Zoning SF11(c
Interior
Heating Other
Cooling Other
Flooring Other, Tile
Exterior
Exterior Feature Open Patio
Community Features Bank Onwed
Utilities Available Electric Service Available, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Present Use Bank Onwed
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Pleasant City Elementary School
Middle Schools Roosevelt Middle School
High Schools Palm Beach Lakes High School
Others
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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