For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,668 sqft
Price per Sqft $299
Subdivision Royal Palm Estates
MLS Listing ID F10443378
Sold Date 10/18/24
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,694
Tax Year 2023
Property Description
GREAT INVESTMENT OPPORTUNITY WITH 9% RETURN ON INVESTMENT. CENTRALLY LOCATED DUPLEX, 2BED/1BATH EACH, SEPERATE FENCED BACKYARD, 4 PARKING SPOT FOR EACH UNIT. GREAT RENTAL PROPERTY OR OWNER COULD LIVE ON ONE SIDE. CITY WATER, SEPERATE ELECTRIC METER & CENTRAL A/C. UNITS RENTED AT $1450 PER MONTH A ONE YEAR AND MONTH TO MONTH LEASE, WHICH MAY INCREASE QUICKLY IN SOME OF THE UNITS, RENTS IN THE MARKET ARE MUCH HIGHER, WASHER & DRYER IN EACH UNIT. ALL TILES. CBS. WALK IN CLOSET IN EACH BEDROOM FOR EXTRA SPACE.
Location
State FL
County Palm Beach County
Area Palm Beach 5500; 5510
Zoning RM
Interior
Heating Electric Heat
Cooling Ceiling Fans
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Septic Tank
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA, FHA-Va Approved
Listing Terms Cash, Conventional, FHA, FHA-Va Approved
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Exit Realty Premier Elite
GET MORE INFORMATION