Bought with CPRE Organization Inc
$390,000
$399,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
1,810 SqFt
SOLD DATE : 12/11/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,810 sqft
Price per Sqft $215
Subdivision Worthmore Park In
MLS Listing ID RX-11033304
Sold Date 12/11/24
Bedrooms 6
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $6,502
Tax Year 2023
Property Description
Prime Triplex in College Park Area of Lake Worth! Are you on the lookout for a lucrative investment opportunity? Look no further! This property is not just a triple threat; it's a cute and easy-to-manage gem that you won't want to miss! The property features one cozy cottage and one duplex, providing diverse rental options. Separate Utilities: With three separate electrical meters and one water meter, management becomes a breeze! Enjoy peace of mind with newly installed impact windows. Lawn Maintenance is minimal. Current rents are below market value, which means there's significant upside potential for savvy investors. This triplex is poised to generate strong cash flow as you increase rental rates to align with market trends. Better hurry!
Location
State FL
County Palm Beach
Area 5620
Zoning SFR
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature None
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle,Flat Tile
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Frame
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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