Bought with Douglas Elliman
$682,500
$719,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,560 SqFt
SOLD DATE : 05/27/2022
Key Details
Sold Price $682,500
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $266
Subdivision Crestview Boynton
MLS Listing ID RX-10788965
Sold Date 05/27/22
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $5,613
Tax Year 2021
Lot Size 5,813 Sqft
Property Description
This Desirable East Boynton Beach property has Been Very Well Maintained and is easy to manage. Mostly Long Time Tenants with the current rents below market rates. The estimated Market rent for this area is currently a MINIMUM of $1,400 equating to POTENTIAL Gross annual income of $67,200 at $1,400 per month upon Lease renewal or releasing to new Tenants. There is great value to having all SINGLE OCCUPANT tenants, less wear and tear on the property and require very little hands on contact. All LEASES EXPIRE BY NOV. 2022. Pictures ACCURATELY REFLECT THE CONDITION OF THE PROPERTY AND APARTMENTS. Impact Windows (except bathrooms), plenty of parking, new A/C Units installed in every apartment Nov. 2021 and new aluminum railings at the stairs, and a large walk in closet. Continued -
Location
State FL
County Palm Beach
Area 4350
Zoning R3(cit
Interior
Heating Central
Cooling Central, Paddle Fans
Flooring Laminate, Other
Exterior
Exterior Feature Auto Sprinkler, Screen Porch, Shed
Utilities Available Cable, Electric, Public Sewer
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Built-Up,Mansard
Private Pool No
Building
Lot Description < 1/4 Acre, West of US-1
Story 2.0
Foundation CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions Other
Acceptable Financing Cash, Conventional, Owner
Listing Terms Cash, Conventional, Owner
Financing Cash,Conventional,Owner
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