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Key Details
Sold Price $267,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,104 sqft
Price per Sqft $241
Subdivision Monroe Heights
MLS Listing ID OM628531
Sold Date 12/06/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1957
Annual Tax Amount $1,711
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 105x48
Property Description
GREAT INVESTMENT PROPERTY AT 8.7% CAP RATE! $2475 monthly income. 3/1 rented at $1525 per month, Efficiency rented at $950 per month. Both units completely remodeled in 2020. 3/1 unit was painted, new kitchen cabinets with granite countertops and new SS microwave & fridge. Updated bathroom. Tile flooring throughout. Studio/Efficiency remodeled with new paint, new kitchenette with new cabinets and granite countertops, full size fridge, laminate flooring and an updated full bathroom. Both units are leased through DEC 2021. Serious Investors Only. See remarks. Seller has two other properties for sale at 1296 W 36th St and 301 W 14th St. Opportunity to purchase as a package.
Location
State FL
County Palm Beach
Community Monroe Heights
Zoning RS8
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Other, Thermostat
Heating Electric
Cooling Central Air
Fireplace false
Appliance Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Exterior Feature Other, Sidewalk
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE
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