Bought with Avanti Way Realty LLC
$786,000
$899,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
1214 Suwanee DR 1 West Palm Beach, FL 33409
7 Beds
4 Baths
2,911 SqFt
Key Details
Sold Price $786,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,911 sqft
Price per Sqft $270
Subdivision West Gate Estates Northern
MLS Listing ID RX-10901794
Sold Date 01/16/24
Bedrooms 7
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1962
Annual Tax Amount $7,483
Tax Year 2022
Lot Size 0.373 Acres
Property Description
Beautiful maintained 4 plex in a centralized location. Long term tenants, month to month. Rents are WAY below present market value. ROI could be around 8-9% with rent adjustment. All 4 unit parking is off street . WH 2018, Central AC 2013, Window AC newer, Roof 2011. This property won't be in the market long and it could be a cash cow to the right investor. Don't miss it.
Location
State FL
County Palm Beach
Area 5450
Zoning RH
Interior
Heating Central, Electric
Cooling Central, Electric, Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature Exterior W/D Hookup, Room for Pool
Community Features Sold As-Is
Utilities Available 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 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools West Gate Elementary School
Middle Schools Jeaga Middle School
High Schools Palm Beach Lakes High School
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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