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1013 State Street

West Palm Beach, FL 33407
  • $425,000
  • STATUS: Active Under Contract
  • ON SITE: 101 Days
  • ID#: RX-10828437
Under Contract
UPDATED: 240 min ago
$425,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Located minutes away from the City Hall, this exciting opportunity offers three high-quality, fully-rented units. Comprised of a single-family and a duplex. With the inauguration of the Brightline station, located minutes away, and major recent construction developments, this neighborhood is experiencing an unbelievable transformation. Seize this opportunity to own this special multifamily and take advantage of both solid passive income and great potential for capital appreciation.

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www.scottschneidergroup.com/homes/132606516
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1013 State Street West Palm Beach, FL 33407

  • Price: $425,000
  • Status: Active Under Contract
  • On Site: 101 Days
  • Updated: 240 min ago
  • ID#: RX-10828437
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,250
SQFT
$189
$/SQFT
1946
Built
Neighborhood:
Tamarind Park
County:
Palm Beach
Area:
West Palm Beach
Property Description
Located minutes away from the City Hall, this exciting opportunity offers three high-quality, fully-rented units. Comprised of a single-family and a duplex. With the inauguration of the Brightline station, located minutes away, and major recent construction developments, this neighborhood is experiencing an unbelievable transformation. Seize this opportunity to own this special multifamily and take advantage of both solid passive income and great potential for capital appreciation.
Exterior Features

Carport Spaces 0.00 Construction CbsFrameStucco Exterior Features FenceOpen Porch Lot Description < 1/4 Acre Lot Dimensions 40.0 Ft X 0.0 Ft Private Pool YN No Roof Comp RolledComp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Individual Flooring Ceramic TileLaminate Heating Central Individual Unit1 Bedrooms 2 Unit1 Desc Den/FamilyDishwasherElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorStack Bedrooms Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 748 Unit2 Bedrooms 2 Unit2 Desc Den/FamilyDishwasherElectric MeterMicrowaveRange - ElectricRefrigeratorStack Bedrooms Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 748 Unit3 Bedrooms 2 Unit3 Desc Den/FamilyDishwasherElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorSmoke DetectorStack Bedrooms Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 748 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 29307.00 Annual Total Expenses 7054.00 Auction No Available Info Deposit Last MonthDeposit SecurityLeasesService Contracts Built Desc Resale Contingent Active Under Contract Contingents Financing Gated Community No Gross Operating Income 42600.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OwnerProforma Special Info Sold As-Is Sq Ft Total 2250.00 Subdivision Amenities Common Laundry Tax Amount 6012.42 Tax Year 2021 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventionalFha Unit1 Lease Ends 2023-01-21 Unit1 Monthly Income 0.00 Unit2 Lease Ends 2021-03-07 Unit2 Monthly Income 0.00 Unit3 Lease Ends 2022-03-10 Unit3 Monthly Income 1050.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Sf11(C

Listing provided courtesy of Highlight Realty Corp/Lw: [IDXCONTACTINFORMATION]. Listing information © 2022 BeachesMLS
 
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Scott Schneider Group at Elevate Real Estate Brokers
6451 N Federal Hwy, Suite 404
Ft Laurderdale FL, 33308