Bought with Southdale Properties Inc.
$265,000
$275,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1617 N J ST Lake Worth Beach, FL 33460
4 Beds
2 Baths
1,710 SqFt
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,710 sqft
Price per Sqft $154
Subdivision North Lake Worth
MLS Listing ID RX-10660521
Sold Date 11/12/20
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1978
Annual Tax Amount $3,978
Tax Year 2019
Property Description
LEGAL DUPLEX (2 UNITS) in Lake Worth Beach... With off-street parking! One-owner provenance! Both units are 2-bedrooms! An enterprising Lake Worthian, built this income-property, in his early 20's. Now, 42 years later (in his mid 60's!) he's ready to relinquish ownership. A time-proven reliable friend this real estate investment asset will be for you, too... Filling your pockets with bountiful rent revenue, month after month. One block away (visible in the photo's background) is the newly built MID. 239 rental units... Their 2-bedrooms start at $1,798 / mo! Use that as your valid benchmark for area market rates. Yes, this seriously can and will be a cash-cow. Two separate electric meters, and TWO SEPARATE WATER METERS! Well designed, superbly maintained. New roof too!
Location
State FL
County Palm Beach
Area 5600
Zoning SfTf14
Interior
Heating Central
Cooling Central
Flooring Vinyl Floor
Exterior
Exterior Feature Open Patio
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Parking Type Space Parking
Private Pool No
Building
Lot Description Interior Lot
Story 1.0
Foundation Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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