Lake Worth Beach, FL 33460,618 Highland AVE
Listed by Coastal Classic Realty
Bought with KSR Properties

$350,000

$365,000

4.1%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

2,220 SqFt


SOLD DATE : 11/08/2019

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,220 sqft

Price per Sqft $157

Subdivision Highlands

MLS Listing ID RX-10558670

Sold Date 11/08/19

Bedrooms 5

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $4,481

Tax Year 2018

Lot Size 6,487 Sqft

Property Description

Great income producing CBS triplex, in the heart of Lake Worth Beach! Two 2 bedroom/1 bath units, and one 1 bedroom/1 bath unit in the middle. Large parking lot with 5 parking spaces. New roof installed 2017. Each unit features newer central a/c units, ceramic tile floor throughout, kitchens updated approximately 5 years ago, and washer/dryer hook-ups in each unit. Current rents are below market: Similar units rent around $1100 - $1200 for 2 bedroom units and $1000 for 1 bedroom. Sellers have owned the property around 30 years. Current tenants would like to stay, pay their own utilities, and are all on a month to month basis. Separate electric and water meters for each unit. Great location, just a couple minutes to I-95, and just minutes from downtown Lake Worth Beach and the beach

Location

State FL

County Palm Beach

Area 5620

Zoning SF-7(c

Interior

Heating Central Individual

Cooling Central Individual

Flooring Ceramic Tile

Exterior

Exterior Feature Fence

Community Features Sold As-Is

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

View Garden

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description < 1/4 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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