Bought with Continental Properties, Inc.
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Key Details
Sold Price $289,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $151
Subdivision Green Pines Estates
MLS Listing ID RX-10456364
Sold Date 09/20/18
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 19
Year Built 2000
Annual Tax Amount $2,923
Tax Year 2017
Lot Size 0.370 Acres
Property Description
This Newer Construction Duplex was Built in 2000 and consist of two separate 2/1's with LARGE Laundry Rooms (most tenants utilize as a 3rd bedroom) and LARGE Backyard that come equipped with a Patio Area. Updated Kitchens and Bathrooms. 18 Inch Tile Throughout. All Appliances replaced 5 years ago. Both Central A/C Systems replaced 5 years ago. FULL Hurricane Protection. Both units have been rented out to the SAME TENANTS for over 5 years, rent is currently $1,050 per month which is WAY UNDER the market rent for the area (Should be $1,200.00 per unit at least) but Owner has not raised the rents due to the long term tenants which are month to month. Live in one side and rent out the other or keep as is and raise the rents to market value to get an 8% RETURN on your investment.
Location
State FL
County Palm Beach
Area 5720
Zoning RM-1(c
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature Open Porch
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, Paved Road
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Schools
Elementary Schools Greenacres Elementary School
Middle Schools L C Swain Middle School
High Schools John I. Leonard High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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John Maybin
Agent Team Leader | License ID: 3486929 Active
Agent Team Leader License ID: 3486929 Active