$300,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3,372 SqFt
SOLD DATE : 11/16/2017
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,372 sqft
Price per Sqft $88
Subdivision Pleasant Hghts Lts 11 T
MLS Listing ID A10299816
Sold Date 11/16/17
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1969
Annual Tax Amount $2,373
Tax Year 2016
Contingent No Contingencies
Property Description
Offered at a +10% cap rate. GRI is $3,5550 monthly. Tenants put down 3 months (first, last and security deposit) when they move in. Rent does not include any expenses, except for lawn care. Tenants pay for all utility bills, including water/sewer. Property has 4 units, all have 2 bedrooms and 1 bathroom. No immediate work needed, property is in great condition. Upgraded/renovated in 2013 (new Kitchens, floors, bathroom vanities, etc.). New roof with warranty was installed in September 2013, remaining life is 16 years. In 2017 the property exterior received a fresh coat of paint, and the gables were covered with stucco. A new fence was installed around the property in March 2017. Do NOT disturb the tenants. Local Property Management available for out-of-town owners.
Location
State FL
County Palm Beach County
Community Pleasant Hghts Lts 11 T
Area 5280
Direction From I-95, take exit Blue Heron Blvd East, turn left (North) on Barack Obama Hwy (formerly known as West Dixie Hwy), turn left (going West) on 35 St and continue to 1245 W 35 St.
Interior
Heating Electric, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Flooring Other
Window Features Blinds
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Rectangular Lot, < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status New Construction
Others
Tax ID 56434229160030110
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash
Special Listing Condition Corporate Listing, Listed As-Is
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Bought with RDS Realty, LLC
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States