Bought with Florida Management & Investmen
$700,000
$674,900
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
4,320 SqFt
SOLD DATE : 09/07/2023
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $162
Subdivision Royal Palm Estates In Pb22P04
MLS Listing ID RX-10908599
Sold Date 09/07/23
Bedrooms 6
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $8,011
Tax Year 2022
Property Description
Great investment opportunity! Property sits on 1/2 acre, structure offers four 2 bedroom & 1 bathroom units. Property had the drain fill redone but needs new roof and nits need to be remodeled. Average rent in the area for 2/1 is $2K. The monthly potential rental income of this property is $8K p/ month
Location
State FL
County Palm Beach
Area 5450
Zoning RM - MULTI-FAMI
Interior
Heating Central
Cooling Ceiling Fan, Central
Flooring Ceramic Tile
Exterior
Exterior Feature Deck, Fruit Tree(s)
Utilities Available Electric, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Open Parking
Private Pool No
Building
Lot Description 1/2 to < 1 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Lease OK
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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