Bought with The Keyes Company
$1,175,000
$1,250,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
4,380 SqFt
SOLD DATE : 06/12/2017
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,380 sqft
Price per Sqft $268
Subdivision Sugar Pond Manor Of Wellington
MLS Listing ID RX-10304657
Sold Date 06/12/17
Bedrooms 8
Full Baths 8
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 24
Year Built 1984
Annual Tax Amount $8,374
Tax Year 2016
Lot Size 0.407 Acres
Property Description
Rarely available investment property with great income potential. Some current rents are under market value.It is located close to Palm Beach International Equestrian Center, restaurants, preschool across the street and other amenities.These four duplexes are sold as a package, total of 8 units. Each apartment has 2 bedrooms, 2 bathrooms, kitchen appliances, washer, dryer and patio. Roofs of both buildings were replaced in 2004. 5 units are updated with new kitchens and bathrooms, and each unit has a spacious storage. Don't miss this opportunity to own 8 apartments in the same quiet location, no HOA, ideal to accommodate your equestrian team during Winter season, or as an investment property with room for improvement to maximize your rental income. Rated-A school. 2 separate deeds.
Location
State FL
County Palm Beach
Area 5520
Zoning RM
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile
Exterior
Exterior Feature Auto Sprinkler, Open Patio, Well Sprinkler
Community Features Sold As-Is
Utilities Available Cable, Electric Service Available, Public Sewer, Public Water
Amenities Available Street Lights
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools New Horizons Elementary School
Middle Schools Wellington Landings Middle
High Schools Wellington High School
Others
Senior Community No Hopa
Restrictions Lease OK,None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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