$350,000
$349,999
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4 Beds
3 Baths
1,405 SqFt
SOLD DATE : 12/27/2023
Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Single
Listing Status Sold
Purchase Type For Sale
Square Footage 1,405 sqft
Price per Sqft $249
Subdivision North Palm Beach 02
MLS Listing ID F10409813
Sold Date 12/27/23
Style No Pool/No Water
Bedrooms 4
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,899
Tax Year 2022
Lot Size 7,899 Sqft
Property Description
Investor's Dream in West Palm Beach! Priced under $350,000, this property offers a fantastic opportunity. Currently, two tenants are in place, generating income - one on a month-to-month lease for $2,000 and the other on an annual lease, paying $1,045 monthly until July 2024. Renovated in 2012, this home boasts updates to essential systems, including electrical, plumbing, roof, doors, impact windows, tankless water heater, and stucco. According to Zillow, the 7,884 sq ft lot rent estimate is $3,499, promising a lucrative investment. Zoning permits multifamily use, making it suitable for a single-family 4-bedroom home or two separate units (a 3-bed/2-bath on the lower level and a 1-bed/1-bath with a kitchen upstairs). Don't miss out on this versatile and income-generating investment!
Location
State FL
County Palm Beach County
Area Palm Beach 5420; 5430; 5440
Zoning SF7
Rooms
Bedroom Description 2 Master Suites,At Least 1 Bedroom Ground Level,Master Bedroom Ground Level,Master Bedroom Upstairs
Other Rooms Family Room
Interior
Interior Features First Floor Entry, Second Floor Entry
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Ceramic Floor
Equipment Electric Range, Refrigerator
Exterior
Exterior Feature Fence
Water Access N
View Garden View
Roof Type Built-Up Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Foundation Frame With Stucco
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No HOPA
Restrictions No Restrictions,Ok To Lease
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Special Listing Condition As Is
Pets Description No Aggressive Breeds
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