Bought with Dalton Wade Inc
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429 56th ST West Palm Beach, FL 33407
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Key Details
Sold Price $142,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $120
Subdivision North Palm Bch 3
MLS Listing ID RX-10588283
Sold Date 02/05/20
Full Baths 2
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1949
Annual Tax Amount $3,472
Tax Year 2019
Lot Size 7,633 Sqft
Property Description
Single family home on large 7500 Square Foot lot. Home is a 3 bedroom 2 bathroom that is currently divided into a 2/1 with a separate 1/1 efficiency. The 2/1 is tenant occupied at $1000/month. The 1/1 would rent for $800/month. Live in one side and rent the other or rent both sides. Proforma income of $1800/month equates to 8.8% cap after operating expenses. House has wall AC Units in each room, and roof is 10 years old. Located 1/2 block from Flagler Drive, the intracoastal and several waterfront parks.
Location
State FL
County Palm Beach
Area 5420
Zoning SF7(ci
Interior
Heating Window/Wall
Cooling Ceiling Fan, Wall-Win A/C
Flooring Carpet, Tile
Exterior
Exterior Feature Fence, Open Porch
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View City
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Woodside
Construction Status Resale
Schools
Elementary Schools Northmore Elementary School
Middle Schools John F. Kennedy Middle School
High Schools Palm Beach Lakes High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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