Bought with Echo Fine Properties
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1114 N 7th AVE Lake Worth Beach, FL 33460
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Key Details
Sold Price $318,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,430 sqft
Price per Sqft $222
Subdivision Lake Worth Town Of
MLS Listing ID RX-10775518
Sold Date 05/02/22
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 16
Year Built 1954
Annual Tax Amount $3,569
Tax Year 2021
Lot Size 6,750 Sqft
Property Description
Excellent investment opportunity in Lake Worth Beach. Easy to maintain concrete block duplex with a 2/1 and a 1/1 close to downtown. The 2/1 was recently updated with new kitchen, fresh paint, and is very clean. Common laundry room with washer dryer hook-up in a separate locked utility room. updated electric panels. Currently occupied with month to month tenant in the 1/1 and 2/1 has a lease through March 2022. current tenants paying well below market rents. Great opportunity for excellent cap rates with updated market rents. Please do not disturb tenants or walk the property. Showings will be available with listing agent but ample notice will need to be given to the tenants.
Location
State FL
County Palm Beach
Area 5620
Zoning SF-R(c
Interior
Heating Window/Wall
Cooling Ceiling Fan, Wall-Win A/C
Flooring Carpet, Linoleum, Tile
Exterior
Exterior Feature Open Patio, Shutters
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre, Corner Lot, Paved Road, Public Road, Sidewalks
Story 1.0
Foundation Block, CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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