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Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,748 sqft
Price per Sqft $98
Subdivision Tedders
MLS Listing ID A11502785
Sold Date 08/27/24
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1965
Annual Tax Amount $3,931
Tax Year 2023
Contingent Other
Property Description
AS-IS PROPERTY!! INVESTORS DREAM!! FOUR-PLEX 2/1 APARTMENTS. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyers looking to increase the building capacity and add more units. There is room for expansion or additional development on the property. This apartment building has historical and architectural significance, it is a GEM to buy and preserve or own a unique piece of property. CASH ONLY!
Location
State FL
County Palm Beach County
Community Tedders
Area 5510
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Wood
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront Yes
Waterfront Description Canal Front
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 04374342090040221
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with Reliant Realty LLC dba Relian