Bought with Century 21 Wieder Realty
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26 Wisconsin ST Palm Springs, FL 33461
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Key Details
Sold Price $770,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $215
Subdivision Mc S Acres
MLS Listing ID RX-10380277
Sold Date 04/11/18
Construction Status Resale
Abv Grd Liv Area 19
Year Built 1962
Annual Tax Amount $5,323
Tax Year 2016
Lot Size 0.610 Acres
Property Description
DON'T DELAY, INCOME PRODUCING PROPERTIES IN THIS CONDITION DO NOT COME ALONG OFTEN! CURRENTLY PERFORMING AT 8% CAP RATE, WITH 9% PRO FORMA. UNIQUE 7 UNIT MULTIFAMILY ON OVER 1/2 ACRE CENTRALLY LOCATED IN LAKE WORTH. RECENT RENOVATION INCL CONNECTION TO PUBLIC SEWER, NEW ROOFS, AC UNITS, WINDOWS, HURRICANE SHUTTERS, ASPHALT DRIVEWAY WITH 2 ASSIGNED SPOTS PER UNIT, LANDSCAPING, INTERIOR TOTAL RENOVATIONS ON 4/7 UNITS. THIS IS A NO BRAINER. EASY TO RENT WITH VIRTUALLY NO VACANCIES.
Location
State FL
County Palm Beach
Area 5690
Zoning RM
Interior
Heating Window/Wall
Cooling Ceiling Fan, Electric, Wall-Win A/C
Flooring Laminate, Linoleum, Terrazzo Floor, Vinyl Floor
Fireplaces Type None
Exterior
Community Features Corporate Owned, Presently Leased
Utilities Available 220, Public Sewer, Public Water, Separate Meter
Waterfront Description None
Roof Type Built-Up,Comp Shingle,Flat Tile
Present Use Corporate Owned,Presently Leased
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Security Features Fence
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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