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1106 18th ST West Palm Beach, FL 33407
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Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,562 sqft
Price per Sqft $134
Subdivision Tamarind Park
MLS Listing ID RX-10621423
Sold Date 10/15/21
Bedrooms 5
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1928
Annual Tax Amount $2,823
Tax Year 2019
Lot Size 3,600 Sqft
Property Description
Cash Flow duplex. Two separate structures on same lot, all legal and conforming. Front house is a 3 bedroom, 1 bathroom which is newly renovated. Brand new central AC, Electrical Panel, Flooring and Kitchen. Back unit is a 2 bedroom, 1 bathroom with laminate floors, upgraded kitchen and bathroom and central AC. Both units have washer/dryer hook-up and are separately metered for water and electric. Rear unit tenant occupied, front unit vacant but may be delivered with tenant. Projected NOI of $18,000+ (including re-assessed taxes based on purchase) yields 7.65% Cap Rate. Contact agent for pro forma and additional details. Ask about turn-key management solutions and 1-year rent collection guarantee.
Location
State FL
County Palm Beach
Area 5420
Zoning SF11(c
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Fence, None
Community Features Corporate Owned, Sold As-Is
Utilities Available Cable, Electric, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Rolled,Comp Shingle
Present Use Corporate Owned,Sold As-Is
Parking Type None
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Frame, Stucco
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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