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    12050 Ellison Wilson Road

    North Palm Beach, FL 33408
    • $895,000
    • STATUS: Closed
    • ON SITE: 59 days
    • MLS #: RX-10661168
    Sold - 11/23/2020
    $895,000
    SOLD - 11/23/2020
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,890
      SQFT
    • $310
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    INVESTORS RARE FIND TURNKEY INVESTMENT OPPORTUNITY. Five units fully leased Income producing CBS property in sort after Juno Ridge area 5 minutes from the beach. The property is on city water. There are 5 separate water and electric meters. Sprinkler / Irrigation system is on well water. Septic tank drain field was replaced in the last 5 years. Unit one is a one bed one and half bath with attached garage and recently renovated. Unit two is a 1/1 and is the only unit that is original. Unit 3 is a 1/1 and was recently renovated. Unit 4 is a 1/1 and is in excellent condition. Unit 5 is a smaller 1/1 and in good condition. All units except for unit two have their own Washer and Dryer. All units have patios with privacy fence. Great opportunity for any investor WON'T LAST ACT NOW.

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    www.ewm.com/homes/110757778
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    12050 Ellison Wilson Road North Palm Beach, FL 33408

    • Price: $949,000
    • Status: Closed
    • MLS #: RX-10661168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    2,890
    SQFT
    $310
    $/SQFT
    1977
    Built
    Neighborhood:
    Juno Terr
    County:
    Palm Beach
    Area:
    North Palm Beach
    Property Description
    INVESTORS RARE FIND TURNKEY INVESTMENT OPPORTUNITY. Five units fully leased Income producing CBS property in sort after Juno Ridge area 5 minutes from the beach. The property is on city water. There are 5 separate water and electric meters. Sprinkler / Irrigation system is on well water. Septic tank drain field was replaced in the last 5 years. Unit one is a one bed one and half bath with attached garage and recently renovated. Unit two is a 1/1 and is the only unit that is original. Unit 3 is a 1/1 and was recently renovated. Unit 4 is a 1/1 and is in excellent condition. Unit 5 is a smaller 1/1 and in good condition. All units except for unit two have their own Washer and Dryer. All units have patios with privacy fence. Great opportunity for any investor WON'T LAST ACT NOW.
    Exterior Features

    Carport Spaces 0.00 Construction BlockCbsConcrete Exterior Features Auto SprinklerOpen PatioWell SprinklerZoned Sprinkler Lot Description 1/4 To 1/2 AcreCorner LotPaved RoadPublic RoadSidewalks Lot Dimensions 90.0 Ft X 170.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Garage - AttachedSpace Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking View Garden Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentralElectric Flooring CarpetTileWood Floor Heating Central Unit1 Bedrooms 1 Unit1 Desc A/C UnitDishwasherDryerElectric MeterKitchenPatioRange - ElectricRefrigeratorSmoke DetectorWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 780 Unit2 Bedrooms 1 Unit2 Desc A/C UnitDryerElectric MeterKitchenPatioRange - ElectricRefrigeratorSmoke DetectorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 620 Unit3 Bedrooms 1 Unit3 Desc A/C UnitDishwasherDryerElectric MeterLaundryMicrowavePatioRange - ElectricRefrigeratorUtilityWasher Unit3 Sq Ft 620 Unit4 Bedrooms 1 Unit4 Desc A/C UnitDryerPatioRange - ElectricRefrigeratorWasher Unit4 Full Baths 1 Unit4 Sq Ft 620

    Property Features

    Annual Net Operating Income 61821.00 Annual Total Expenses 12459.00 Available Info Leases Built Desc Resale Contingents Inspection Gross Operating Income 74280.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 3765.00 Subdivision Amenities None Tax Amount 8899.96 Tax Year 2020 Taxes No Homestead Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 1350.00 Unit2 Monthly Income 1295.00 Unit3 Monthly Income 1295.00 Unit4 Monthly Income 1250.00 Utilities CableElectricPublic WaterSeptic Zoning Rh

    Listing provided courtesy of Paradise Real Estate Intl. Listing information © 2020 BeachesMLS
     
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