Bought with Niemela Realty & Associates LLC
$489,000
$489,000
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5 Beds
4 Baths
3,623 SqFt
SOLD DATE : 03/22/2019
Key Details
Sold Price $489,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,623 sqft
Price per Sqft $134
Subdivision Lake Add To Boynton
MLS Listing ID RX-10500167
Sold Date 03/22/19
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 12
Year Built 1950
Annual Tax Amount $6,369
Tax Year 2018
Lot Size 0.253 Acres
Property Description
Investor Opportunity in east Boynton Beach close to major area enhancing redevelopment projects! This Multi Family building offers a 9% cap rate at full occupancy. Building consists of 6 units, 3 - 1/1 and 3 - 2/1; also includes a separate laundry room for tenants use. Looking for Investment Property or doing a 1031 exchange? We can make it simple - this property can be purchased separately or as a package with 4 other income producing properties in Palm Beach County. Please see RX-10500172, RX-10500182, RX-10500179, RX-10500176 and call for more information.
Location
State FL
County Palm Beach
Area 4200
Zoning R3
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 Common Laundry, None
Waterfront Description None
View Other
Roof Type Other
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 2.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Rolling Green Elementary School
Middle Schools Lake Worth Community Middle
High Schools Boynton Beach Community High
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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