Bought with LoKation
$390,000
$415,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
841 SqFt
SOLD DATE : 07/22/2024
Key Details
Sold Price $390,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 841 sqft
Price per Sqft $463
Subdivision Lake Worth Town Of
MLS Listing ID RX-10986295
Sold Date 07/22/24
Bedrooms 2
Full Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1926
Annual Tax Amount $6,923
Tax Year 2023
Lot Size 3,376 Sqft
Property Description
Exceptional opportunity, either for investment or primary residence. Current income is $3,450 per month - the return will immediately generate above 7% cap rate for the buyer. The roof on the primary home was replaced in 2018. The separate structure offers additional space and possibilities allowing for increased revenue. A spacious garden separates the two structures. The property is tenant occupied until February of 2025.
Location
State FL
County Palm Beach
Area 5610
Zoning SF-R(c
Rooms
Other Rooms Attic
Master Bath Combo Tub/Shower
Interior
Interior Features Entry Lvl Lvng Area, Split Bedroom
Heating No Heat
Cooling Ceiling Fan, Wall-Win A/C
Flooring Vinyl Floor
Furnishings Furniture Negotiable
Exterior
Parking Features Garage - Building, Street
Garage Spaces 1.0
Utilities Available Electric, Lake Worth Drain Dis, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Exposure East
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.00
Foundation Frame
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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3200 N Military Trl STE 110, Raton, Florida, 33431, United States