Bought with Non-Member Selling Office
$1,600,000
$1,600,000
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20 Beds
8 Baths
8,844 SqFt
SOLD DATE : 01/03/2022
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,844 sqft
Price per Sqft $180
Subdivision Greenview Shores 2 Of Wellington
MLS Listing ID RX-10740345
Sold Date 01/03/22
Bedrooms 20
Full Baths 8
Construction Status Resale
HOA Y/N No
Year Built 1998
Annual Tax Amount $20,913
Tax Year 2021
Lot Size 0.383 Acres
Property Description
Rare Fourplex (all 5bed/2bath) in the heart of prestigious Wellington. A new roof was installed in one of the Duplex back in 2019. All *** tenants so no problem with rent collection. Rents are $2900/$2700/$2363/$2250. Current selling at 5% cap with potential to increase to 6% by adjusting rent next year to market rents ($2900-$3000) Due to Covid and to avoid disturbing tenants. Showings are only available for buyers that show $1.6M proof of funds and LOI. The selling price is non-negotiable fixed a $1.6M.
Location
State FL
County Palm Beach
Area 5520
Zoning WELL_P
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature None
Garage Spaces 4.0
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Other
Private Pool No
Building
Lot Description 1/4 to 1/2 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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