Bought with Regency Realty Services
$170,000
$180,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,509 SqFt
SOLD DATE : 08/26/2015
Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,509 sqft
Price per Sqft $112
Subdivision Pine Street Homesites
MLS Listing ID RX-10119296
Sold Date 08/26/15
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1957
Annual Tax Amount $3,290
Tax Year 2014
Lot Size 6,512 Sqft
Property Description
. This duplex is located in central Lantana, about two blocks west of Federal Highway, four blocks north of Greynolds Circle and a half mile from the local Wynn-Dixie. Both apartments have two bedrooms and one bathroom, each with about 750 square feet. Each unit is occupied by a tenant and they are on month-to-month leases. Both tenants are dependable with their payments, which total $19,080 annually. Major expenses are: insurance $1,300, taxes $3,300 and water $1,200. Cash flow on this duplex is excellent. There is one water meter that services both apartments. Each apartment has its own electric meter. The property uses the city sewer. This property includes a small backyard. The west apartment has a screened-in porch and pays $10 more per month. Sellers' asking price is firm.
Location
State FL
County Palm Beach
Community Pine Street Homesites
Area 5640
Zoning R15
Interior
Heating No Heat
Cooling Electric, Paddle Fans, Wall-Win A/C
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Screen Porch
Community Features Sold As-Is
Utilities Available Electric Service Available, 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 Sidewalks, West of US-1
Story 1.0
Foundation Block
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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