Bought with Interinvestments Realty, Inc.
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502 N 9th AVE Lake Worth, FL 33460
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,465 sqft
Price per Sqft $156
Subdivision Lake Worth Town Of
MLS Listing ID RX-10328101
Sold Date 06/14/17
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1969
Annual Tax Amount $5,162
Tax Year 2016
Lot Size 6,752 Sqft
Property Description
Solid CBS 4-Plex East of Dixie. Three 1/1 apartments with central air. One 2/1 with central air. Gross rents $44,400. 2016 Taxes $5,162, Insurance $2,954, Utilities $2,297, Landscape $900, Pest Control $135, Misc repairs $1,581. Net income $31,371. Full price reflects a CAP Rate of 8%. On site coin operated Laundry Room provides additional $850 annual income.
Location
State FL
County Palm Beach
Area 5600
Zoning SF-TF-
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature Auto Sprinkler, Screened Patio
Community Features Sold As-Is
Utilities Available Cable, Electric Service Available, Public Sewer, Public Water
Amenities Available Boating, Golf Course
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre, East of US-1, Public Road
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools North Grade Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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