$425,000
Lake Worth Beach, FL 33460
MLS# RX-10979724
1366 sqft
1 / 1
Property Description
CONCRETE-BLOCK LEGAL DUPLEX (2 units)! PRIZED LOCATION IN LAKE WORTH BEACH! MOST DESIRABLE QUADRANT OF THE CITY... NORTH of Lake Ave., EAST of Dixie Hwy. Just two blocks from the prestigious College Park neighborhood! Built in 1952, this multifamily income-producer is extensively updated throughout. Impact windows, luxury-vinyl flooring, central a/c, granite countertops, crown moulding, and so much more. On-site laundry. TWO LARGE DRIVEWAYS provide valuable off-street parking to occupants. Under-market leases are expiring soon. Projected rents are: $3,100 + $1,200. The 2-bedroom unit is easily converted to a 3-bedroom. One block off of North Dixie Hwy., there are a multitude of conveniences within walking distance. Beautifully landscaped large corner lot.
Details
Maps
Contract Information
Listing Date: 2024-04-17
Status: Active
Original List Price: 425000
Auction: No
List Price: $425,000
Current Price: $425,000
List Price/SqFt: 311.13
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Duplex
Structure Type: Duplex
Total # of Units: 2
Property Condition: Resale
Year Built: 1952
Number of Stories: 1
SqFt - Total: 1542
SqFt - Living: 1366
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: Take NORTH Dixie Highway to 17th Avenue NORTH, and turn right (EAST). Property is on the left (North) side of the street.
Subdivision: North Lake Worth
Lot SqFt: 5000
Lot Dimensions: 50' x 100'
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 5600
Geo Area: PB16
Country: United States
County: Palm Beach
Parcel ID: 38434415160440160
Street #: 1701
Street Dir: N
Street Name: J
Street Suffix: Street
State/Province: FL
Zip Code: 33460
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: NORTH LAKE WORTH LT 16 BLK 44
Zoning: SF-TF-14
Tax Year: 2023
Taxes: 7191
Geo Lat: 26.636098
Geo Lon: -80.05606
Office/Member Info
DXORIGMLNO: RX-10979724
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 991
Monthly Income: 1600
Lease Ends: 2024-06-30
Unit 2 Info
Full Bath: 1
Furnished: No
SqFt: 375
Monthly Income: 770
Lease Ends: 2024-06-30
Income & Expenses
Gross Operating Inc: 28440
Storm Protection
Impact Glass: Complete
Property Features
Source of Expenses: Other
Construction: CBS
Waterfront Details: None
Unit 1 Desc: A/C Unit; Dishwasher; Electric Meter; Range - Electric; Refrigerator; Separate Dining
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Electric Meter; Range - Electric; Refrigerator
Unit 2 Parking: Space Parking
Lot Description: Corner Lot
Exterior Features: Auto Sprinkler; Fence; Open Porch; Shed
Subdiv. Amenities: None
Tenant Pays: Electric
Restrict: None
Flooring: Ceramic Tile; Vinyl Floor; Wood Floor
Cooling: Central; Wall-Win A/C
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash
Utilities: Public Sewer; Public Water
Special Info: Sold As-Is
Taxes: City/County
Avail Info: Leases
Possession: At Closing
Showing Instructions: Text Listing Agent
Listing Office: Southdale Properties Inc.
Last Updated: April - 23 - 2024
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Thursday 2nd of May 2024 04:43 PM