Bought with Donohue Real Estate, LLC
$650,000
$695,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
2024 Major DR West Palm Beach, FL 33415
10 Baths
5,551 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 5,551 sqft
Price per Sqft $117
Subdivision Model Land Co
MLS Listing ID RX-10407764
Sold Date 05/04/18
Construction Status New Construction
Abv Grd Liv Area 22
Year Built 1982
Annual Tax Amount $8,412
Tax Year 2017
Lot Size 1.200 Acres
Property Description
INCREDIBLE OPPORTUNITY FOR INVESTOR OR OWNER/USER! LOVELY 1.2 ACRE SITE WITH 5 TOTAL UNITS CONSISTING OF 2 DUPLEXES (4 UNITS) AND A LARGE 4/3 SINGLE FAMILY HOME. THE DUPLEX APT'S ARE TWO - 2BED/2BATH, ONE 3BED/1BATH AND ONE 3BED/2BATH. THE SINGLE-FAMILY HOME IS A LARGE MODERN 4/3 WITH FIREPLACE, DETACHED 2-CAR CARPORT, PORCH AND PRIVATE FENCED YARD. ALL BUILDINGS ARE IN GREAT CONDITION. UNITS ARE ON CITY WATER AND SEWER WITH SEPERATE METERS. AWESOME PROPERTY THAT GROSSES ABOUT $78,000 PER YEAR WITH UPSIDE POTENTIAL. POSSIBLE TO BUILD ADDITIONAL UNITS ON THE SITE. LIVE IN HOME AND RENT 4 UNITS OR BUY AS INVESTOR AND ENJOY THE CASH FLOW. WILL NOT LAST-BRING OFFERS. SINGLE FAMILY HOME WAS BUILT IN 1958 AND THE DUPLEXES WERE BUILT IN 1982. DO NOT DRIVE BY AND TALK TO TENANTS
Location
State FL
County Palm Beach
Area 5510
Zoning RM
Interior
Heating Central
Cooling Central Building
Flooring Carpet, Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Electric, Public Sewer, Public Water
Waterfront No
Roof Type Mixed
Building
Story 100.00
Construction Status New Construction
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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