Bought with BM2 Realty
$825,000
$1,000,000
17.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,847 SqFt
SOLD DATE : 08/29/2024
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,847 sqft
Price per Sqft $289
Subdivision Inlet Grove
MLS Listing ID RX-10971471
Sold Date 08/29/24
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1935
Annual Tax Amount $8,856
Tax Year 2023
Lot Size 0.346 Acres
Property Description
5 Units in total. 2 front units are free standing stuctures. 2 bed 1 bath each. Back building is a triplex all 1 bed 1 bath units. **A/C's 2020/2021. Front unit has new fridge, new washer/dryer and gas stove. ROOF REPLACED 2019 and 2021**Units have gas in place keeping expenses low. Parking for 10 Cars. **Current Rents: $7,300Unit 1 - 1 bed 1 baths $1,250Unit 2- 1 bed 1 baths $1,250Unit 3 - 1 bed 1 baths $1,250Cottage 1 - 2 bed 1 baths $1,750 Cottage 2 - 2 bed 1 baths $1,800 **Market Rents:1 bed 1 bath market rents are: $1,400 X 3 Units2 bed 1 bath market rents are: $1,900 X 2 unitsTotal Market monthly rents are: $8,000Super close to Singer Island. 2 blocks from Public marina and boat ramp directly in front of Peanut Island.
Location
State FL
County Palm Beach
Area 5280
Zoning RM-15(
Interior
Heating Electric
Cooling Ceiling Fan, Wall-Win A/C
Flooring Laminate
Exterior
Exterior Feature None
Utilities Available Cable, Electric
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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