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1638 Citation Drive

West Palm Beach, FL 33417
  • $487,500
  • STATUS: Closed
  • ON SITE: 153 Days
  • MLS #: RX-10883250
Sold - 09/06/2023
$487,500
SOLD - 09/06/2023
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $271
    $/SQFT
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:

Description

Don't miss out! Great investment opportunity in West Palm Beach! This duplex features two spacious units, each with 2 bedrooms and 1 bathroom. Similar units in the immediate area are currently generating a combined rental income of $3,800 per month. The property has a newer roof and has been well-maintained.Each unit has its own private entrance, as well as a large living room, dining area, and kitchen. The bedrooms are spacious and have plenty of closet space. The property is situated on a large lot with a fenced backyard and plenty of parking.West Palm Beach is a desirable location with a strong rental market, making this property a great investment opportunity. Don't miss out on this chance to add a solid income-producing property to your portfolio.

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www.ewm.com/homes/138740587
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1638 Citation Drive West Palm Beach, FL 33417

  • Price: $530,000
  • Status: Closed
  • On Site: 153 Days
  • MLS #: RX-10883250
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1,800
SQFT
$271
$/SQFT
1979
Built
Neighborhood:
Plantation Village Unrec On Am-8
County:
Palm Beach
Area:
West Palm Beach
Elementary School:
Wynnebrook Elementary School
Middle School:
Jeaga Middle School
High School:
Royal Palm Beach High School
Property Description
Don't miss out! Great investment opportunity in West Palm Beach! This duplex features two spacious units, each with 2 bedrooms and 1 bathroom. Similar units in the immediate area are currently generating a combined rental income of $3,800 per month. The property has a newer roof and has been well-maintained.Each unit has its own private entrance, as well as a large living room, dining area, and kitchen. The bedrooms are spacious and have plenty of closet space. The property is situated on a large lot with a fenced backyard and plenty of parking.West Palm Beach is a desirable location with a strong rental market, making this property a great investment opportunity. Don't miss out on this chance to add a solid income-producing property to your portfolio.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Shed Lot Description < 1/4 AcrePaved Road Lot Dimensions 85.0 Ft X 117.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Flooring Ceramic Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitDen/FamilyDishwasherDryerElectric MeterKitchenRange - ElectricRefrigeratorSmoke DetectorWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 900 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDen/FamilyDishwasherDryerElectric MeterKitchenRange - ElectricRefrigeratorSmoke DetectorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 900 Window Treatments Blinds

Property Features

Annual Net Operating Income 19800.00 Annual Total Expenses 3000.00 Auction No Available Info Other Built Desc Resale Contingents Other Gated Community No Gross Operating Income 22800.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Duplex Possession At ClosingFunding 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 1898.00 Subdivision Amenities None Tax Amount 3366.39 Tax Year 2022 Taxes City/CountyHomestead Tenant Pays CableElectricInsuranceWater Terms Considered CashConventional Unit1 Monthly Income 1900.00 Unit2 Monthly Income 1900.00 Utilities CableElectricLake Worth Drain DisPublic Water Zoning Rm

Listing provided courtesy of Re/Max Prestige Realty/Wellington: . Listing information © 2023 BeachesMLS
 
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