$500,000
$545,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1,668 SqFt
SOLD DATE : 10/18/2024
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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "