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1013 State Street

West Palm Beach, FL 33407
  • $425,000
  • STATUS: Active Under Contract
  • ON SITE: 14 Days
  • MLS #: RX-10859265
Under Contract
UPDATED: 162 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 updated 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.ewm.com/homes/136149513
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1013 State Street West Palm Beach, FL 33407

  • Price: $425,000
  • Status: Active Under Contract
  • On Site: 14 Days
  • Updated: 162 min ago
  • MLS #: RX-10859265
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 updated 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 Woodside 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 None Unit2 Parking None Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Individual Flooring Ceramic TileLaminate Heating Central Individual Unit1 Bedrooms 2 Unit1 Desc A/C UnitRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 748 Unit2 Bedrooms 2 Unit2 Desc A/C UnitRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 748 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 748

Property Features

Annual Net Operating Income 32400.00 Annual Total Expenses 7054.00 Auction No Available Info Deposit Last MonthDeposit SecurityLeasesService Contracts Built Desc Resale Contingent Active Under Contract Contingents Close Of Other PropertyInspection Gated Community No Gross Operating Income 54000.00 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 ClosingFunding 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 Proforma Special Info Sold As-Is Sq Ft Total 2250.00 Subdivision Amenities Common Laundry Tax Amount 7498.00 Tax Year 2022 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventionalFhaVa Unit1 Lease Ends 2023-11-05 Unit1 Monthly Income 1450.00 Unit2 Lease Ends 2023-12-12 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 1650.00 Utilities CableElectricPublic SewerPublic Water Zoning Sf11(C

Listing provided courtesy of Highlight Realty Corp/Lw: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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