$835,000
Lake Worth Beach, FL 33460
MLS# RX-10979567
Status: Pending
3648 sqft
1 / 14
Property Description
Fantastic Opportunity to own this beautiful 4 unit 2 story property. Bldg. #1 is a large single unit home with both an upstairs and downstairs. A winding staircase with beautiful floors. Building #2 features all impact resident windows, central air, tankless water-heaters & all updated interiors. 3 total units in Building #2. Property also provides onsite laundry room for additional income and large lot. You will not want to miss this property. This will be gone quickly!
Details
Maps
Contract Information
Listing Date: 2024-04-18
Status: Pending
Original List Price: 835000
Auction: No
List Price: $835,000
Current Price: $835,000
List Price/SqFt: 228.89
Comm/Non-Rep: 1%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Structure Type: Quadruplex
Total # of Units: 4
Property Condition: Resale
Year Built: 1945
Number of Stories: 2
SqFt - Total: 3709
SqFt - Living: 3648
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Directions: Dixie Highway to 6th Avenue. Head east on 6th Ave for 4 blocks. Property on right side.
Subdivision: LAKE WORTH TOWN OF
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: 38434421151560170
Street #: 509
Street Name: 6th
Street Suffix: Avenue
Street Post Dir: N
Unit #: 1-4
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: TOWN OF LAKE WORTH LTS 17 TO 19 INC BLK 156
Zoning: SF-TF-14
Tax Year: 2023
Taxes: 13002
Geo Lat: 26.622431
Geo Lon: -80.053433
Office/Member Info
DXORIGMLNO: RX-10979567
DXORIGMLSID: RML
Status Change Info
Under Contract Type: Pending
Under Contract Date: 2024-04-20
Unit 1 Info
Bedrooms: 3
Full Bath: 2
Furnished: No
SqFt: 1080
Monthly Income: 1825
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Furnished: No
SqFt: 1284
Monthly Income: 1925
Unit 3 Info
Bedrooms: 2
Full Bath: 1
SqFt: 750
Monthly Income: 1500
Unit 4 Info
Bedrooms: 1
Full Bath: 1
SqFt: 535
Monthly Income: 1225
Income & Expenses
Gross Operating Inc: 77700
Annual Total Expense: 28600
Annual Net Oper Inc: 50892
Storm Protection
Panel Shutters: Partial
Impact Glass: Partial
Property Features
Source of Expenses: Owner
Construction: Frame
Waterfront Details: None
View: Garden
Unit 1 Desc: A/C Unit; Electric Meter; Kitchen; Range - Electric; Refrigerator
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Electric Meter; Range - Electric; Refrigerator
Unit 2 Parking: Space Parking
Unit 3 Desc: A/C Unit; Kitchen; Range - Electric; Refrigerator
Unit 3 Parking: Space Parking
Unit 4 Desc: A/C Unit; Kitchen; Range - Electric; Refrigerator
Unit 4 Parking: Space Parking
Lot Description: < 1/4 Acre; Corner Lot
Exterior Features: Auto Sprinkler; Exterior W/D Hookup
Subdiv. Amenities: None
Maintenance Fee Incl: None
Tenant Pays: Cable; Electric
Restrict: None
Flooring: Wood Floor
Cooling: Central; Wall-Win A/C
Heating: Central Individual
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Cable; Lake Worth Drain Dis; Public Sewer; Public Water; Water Available
Window Treatments: Single Hung Metal
Taxes: County Only
Avail Info: Investment Analysis
Possession: At Closing; Funding
Contingencies: Backup Contract/Call LA
Listing Office: CPRE Organization Inc
Last Updated: April - 20 - 2024
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Wednesday 1st of May 2024 11:24 PM