Bought with Elite Ocean View Realty LLC
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1013 State ST West Palm Beach, FL 33407
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Key Details
Sold Price $358,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $159
Subdivision Tamarind Park
MLS Listing ID RX-10488559
Sold Date 05/31/19
Bedrooms 6
Full Baths 3
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1946
Annual Tax Amount $2,156
Tax Year 2017
Lot Size 3,580 Sqft
Property Description
Turn-Key Rental Property OR live in one unit and let the others pay your rent! Three units comprised of a two story duplex featuring two-2/1 apartments AND a 2/1 single family house on the same parcel. All units are renovated including new flooring, kitchens, bathrooms, and interior/exterior painting. All units new central AC units. Separate electric and water meters.Privacy fence around the property with low maintenance landscaping, and a detached laundry room offering additional income. A little oasis for residents. Two units currently rented on annual leases. Third unit is used as an AirBnB with excellent reviews. Could easily be rented on an annual lease or move-in ready for an owner occupant. Pro-forma Rental Revenue: $44,400 Expenses: 5,907 NOI: $38,493 = 10.0% Cap
Location
State FL
County Palm Beach
Area 5420
Zoning SF11(c
Interior
Heating Central Individual
Cooling Central Individual
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Fence, Open Porch
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Common Laundry
Waterfront No
Waterfront Description None
Roof Type Comp Rolled,Comp Shingle
Present Use Sold As-Is
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation CBS, Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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