Bought with Illustrated Properties LLC
$362,500
$399,900
9.4%For more information regarding the value of a property, please contact us for a free consultation.
518 N 7th ST Lantana, FL 33462
5 Beds
3 Baths
2,161 SqFt
Key Details
Sold Price $362,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,161 sqft
Price per Sqft $167
Subdivision Mantyharju Lantana
MLS Listing ID RX-10703301
Sold Date 05/18/21
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1955
Annual Tax Amount $6,675
Tax Year 2020
Lot Size 6,563 Sqft
Property Description
Well located near major highways, businesses, and minutes to the ocean, this triplex offers a steady stream of rental income in a locale that is seeing growth and appreciation. All 3 apartments are currently rented as well as the garage. Each apartment is on it's own electric meter; there is a single water meter for the property. Features of this property include storage over the garage, double insulation and copper pipes installed between 2019 and 2021, and a paver patio in the backyard. Two tenants have responsibilities taking care of the property, which is reflected in reduced rents.
Location
State FL
County Palm Beach
Community Lantana
Area 5630
Zoning R15(ci
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Other
Exterior
Exterior Feature Room for Pool
Garage Spaces 2.0
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Parking Type Open Parking
Private Pool No
Building
Lot Description West of US-1
Story 2.0
Foundation Aluminum Siding, Block, Frame
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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