Bought with Engel & Voelkers
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1913 Division AVE West Palm Beach, FL 33407
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Key Details
Sold Price $349,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,504 sqft
Price per Sqft $99
Subdivision Washington Heights
MLS Listing ID RX-10346617
Sold Date 08/30/17
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1949
Annual Tax Amount $4,157
Tax Year 2016
Lot Size 5,663 Sqft
Property Description
Great investment possibility ... Desirable cash cow here in WPB. 5-plex rented to one church organization. You collect only one check each month for the entire property. The property is comprised of 2 buildings; the 1st one is a 3 bedroom 1 bath home and the 2nd is a 2 story 4 unit building with each unit having 2 bedrooms 1 bath. Currently rented for $3500/month and tenant pays for water and electric. Huge income and return and easy to manage. Property has been rehabbed and repaired with kitchen upgrade to basic rental, permitted electrical work and central a/c in each unit. This is a jackpot for serious investors.
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 None
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type 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
Schools
Elementary Schools Pleasant City Elementary School
Middle Schools Roosevelt Middle School
High Schools Palm Beach Lakes High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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