Bought with Florida Coastal Realty Group
$365,000
$400,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
221 N H ST Lake Worth, FL 33460
10 Baths
3,617 SqFt
Key Details
Sold Price $365,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,617 sqft
Price per Sqft $100
Subdivision Tropical Ridge
MLS Listing ID RX-10203185
Sold Date 08/17/16
Construction Status Resale
Year Built 1926
Annual Tax Amount $8,110
Tax Year 2015
Lot Size 6,534 Sqft
Property Description
Ten unit investment property located steps to Downtown, Tri-rail, Publix and the Highway. Possible uses could be College Student Housing as Palm Beach State is within 2 miles of this property; Air BNB rentals; Bed and Breakfast; Or ordinary rental property. Rents are commensurate with property condition. With a little bit of work rents can be much higher. There are 2 adjacent 4 units for sale as well. So the potential of acquiring 18 units is an option. Call for more information to see if this will fit your Investment Portfolio.
Location
State FL
County Palm Beach
Area 5620
Zoning MIXED USE DIXIE
Interior
Heating Other
Cooling Wall-Win A/C
Flooring Other
Fireplaces Type Smoke Detector
Exterior
Community Features Corporate Owned, Presently Leased
Utilities Available Public Sewer, Public Water
Roof Type Other
Present Use Corporate Owned,Presently Leased
Building
Story 100.00
Foundation Frame/Stucco, Woodside
Construction Status Resale
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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