Bought with Global Real Estate Advisors LLC
$250,000
$275,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,340 SqFt
SOLD DATE : 09/26/2016
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $74
Subdivision Riviera In Pb 2
MLS Listing ID RX-10207976
Sold Date 09/26/16
Bedrooms 8
Full Baths 4
Construction Status New Construction
HOA Y/N No
Year Built 1966
Annual Tax Amount $1,033
Tax Year 2015
Lot Size 1500.848 Acres
Property Description
TWO PROPERTIES FOR THE PRICE OF ONE. YOU GET THE 4 PLEX AND SINGLE FAMILY HOME NEXT DOOR FOR ONE PRICE. THAT IS A TOTAL OF 4 - 2 BEDROOM/ 1 BATH UNITS AND A 3 BEDROOM 1 BATH SINGLE FAMILY HOME. THE HOME RENTS FOR $850. PER MONTH. COMBINED THE 2 PROPERTIES AND 5 RENTALS GIVES YOU AN APPROXIMATE CAP RATE OF 8.26%. THESE PROPERTIES ARE IN BETTER THAN MOST RENTALS IN THIS AREA AND HAVE HAD UPGRADES OVER THE LAST FEW YEARS. THE 2 PROPERTIES ARE 118 AND 128 W 10TH STREET WHICH IS CLOSE TO THE PORT OF THE PALM BEACH. This listing is subject to errors, omissions and changes at any time.
Location
State FL
County Palm Beach
Community Riviera
Area 5280
Zoning DI
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Fence
Utilities Available Electric Service Available, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View City, Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Other
Construction Status New Construction
Others
Senior Community No Hopa
Restrictions No Pets,Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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