Bought with Realty ONE Group Innovation
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Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,051 sqft
Price per Sqft $188
Subdivision Palm Beach Farms Co 7
MLS Listing ID RX-10985836
Sold Date 10/18/24
Bedrooms 5
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $8,791
Tax Year 2023
Lot Size 0.930 Acres
Property Description
Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units in need of renovations, offer a potential for steady flow of income. The possibilities for renovations, expansion, landscaping or additional amenities to increase value.
Location
State FL
County Palm Beach
Area 5700
Zoning RM
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Extra Building
Utilities Available Electric, Septic, Water Available, Well Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1 to < 2 Acres
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Palm Springs Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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934 N University Dr. Suite 226, Springs, FL, 33071, United States