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Key Details
Sold Price $349,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,582 sqft
Price per Sqft $220
Subdivision Lake Worth Town Of
MLS Listing ID A11039357
Sold Date 06/11/21
Construction Status Effective Year Built
HOA Y/N No
Year Built 1945
Annual Tax Amount $6,570
Tax Year 2020
Contingent No Contingencies
Property Description
A fully renovated cash cow triplex in historic Lake Worth blocks from Lake Ave with shopping, restaurants and so much more. The units are fully occupied with high quality tenants in place. Tenants always pay on time and are super respectful. There is an opportunity for an increase in rents. Tenants pay electric/gas while Landlord pays water at an average of $120 p/m. Parking is available in rear or on street. Park your money here and watch your GROSS CAP RATE top 12%. Viewing by appointment only.
Location
State FL
County Palm Beach County
Community Lake Worth Town Of
Area 5610
Direction google
Interior
Heating Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Metal,Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Frame,Other,Wood Siding
Construction Status Effective Year Built
Others
Tax ID 38434421151170220
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Coldwell Banker Realty
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Jaky Quelle
Broker Associate | License ID: BK3283887
Broker Associate License ID: BK3283887