Bought with Keller Williams Realty/P B
$362,000
$399,900
9.5%For more information regarding the value of a property, please contact us for a free consultation.
527 48th ST West Palm Beach, FL 33407
5 Beds
4 Baths
2,072 SqFt
Key Details
Sold Price $362,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,072 sqft
Price per Sqft $174
Subdivision North Palm Bch 1
MLS Listing ID RX-10566558
Sold Date 11/08/19
Bedrooms 5
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1954
Annual Tax Amount $3,465
Tax Year 2018
Lot Size 5,886 Sqft
Property Description
Turnkey, CBS, Multi Family property located in the Opportunity Zone. Featuring one 2/1 and three 1/1 with central A.C. There is a washer and dryer with a laundry room. Current income $42,000 annually with a projected income of $52,800 annually. Current cap rate is 8.49% & projected cap rate is 9.99% with new rents.
Location
State FL
County Palm Beach
Area 5420
Zoning SF7(ci
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile, Terrazzo Floor
Exterior
Exterior Feature Covered Patio
Utilities Available Electric
Amenities Available None
Waterfront Description None
View Other
Roof Type Comp Rolled
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
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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