Bought with RE/MAX 1st Choice
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429 N F ST Lake Worth, FL 33460
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Key Details
Sold Price $74,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 710 sqft
Price per Sqft $104
Subdivision Town Of Lake Worth: Tropical Ridge
MLS Listing ID RX-10241812
Sold Date 07/27/16
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1931
Annual Tax Amount $1,337
Tax Year 2015
Property Description
Perfect for the avid real estate investor! More bedrooms = more rent. This one has 3 BEDROOMS. YES, each bedroom DOES have a closet! YES, county property tax records DO show this as a legal 3 BEDROOM house! Presently vacant, move-in condition. Easily should fetch at least $1,300 / mo. in rent. Lake Worth's rental market continues to be consistently strong, extremely stable. Where else can you place $85,000 and earn such a high rate of return on your money? The stock market? Nope. A bank? Nope. The income this house generates on your investment is tremendous. Asset appreciation will be ambrosial 'icing on the cake'. At the market's height, similar homes nearby sold above $170,000! Remarkable value escalation ahead! Bountiful income all the while. C'mon join the joyride!
Location
State FL
County Palm Beach
Area 5620
Zoning SfTf14
Rooms
Other Rooms None
Master Bath Combo Tub/Shower
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile, Laminate
Furnishings Unfurnished
Exterior
Community Features Sold As-Is
Utilities Available Electric Service Available, Public Sewer, Water Available, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Present Use Sold As-Is
Exposure East
Private Pool No
Building
Lot Description Interior Lot
Story 1.00
Foundation Frame
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, VA, FHA, Conventional
Membership Fee Required No
Listing Terms Cash, VA, FHA, Conventional
Financing Cash,VA,FHA,Conventional
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