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3091 Martin Avenue

Greenacres, FL 33463
  • $579,000
  • STATUS: Closed
  • ON SITE: 118 Days
  • MLS #: RX-10892489
Sold - 06/26/2023
$579,000
SOLD - 06/26/2023
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,240
    SQFT
  • $258
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:

Description

Rarely available income property in Greenacres located just off 10th St. Both units are large three bedroom and 1/5 bath units of about 1120sf. Both have laundry rooms with washer/dryer hookups. Tenant in 3093 has been there 10 years and that is why rent is only $1700/mth. Could be $2400/mth. Water bill average $200/mth and there is not sewer bill (property on septic) Insurance is $2200 for structure and wind mitigation. Property sits on almost 1/4 acre and comes with 4 off street parking spots.

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www.ewm.com/homes/139891970
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3091 Martin Avenue Greenacres, FL 33463

  • Price: $599,900
  • Status: Closed
  • On Site: 118 Days
  • MLS #: RX-10892489
0
Beds
0
Baths
0
½ Baths
0.22
Acres
2,240
SQFT
$258
$/SQFT
1980
Built
Neighborhood:
Greenacres 2
County:
Palm Beach
Area:
Greenacres
Elementary School:
Greenacres Elementary School
Property Description
Rarely available income property in Greenacres located just off 10th St. Both units are large three bedroom and 1/5 bath units of about 1120sf. Both have laundry rooms with washer/dryer hookups. Tenant in 3093 has been there 10 years and that is why rent is only $1700/mth. Could be $2400/mth. Water bill average $200/mth and there is not sewer bill (property on septic) Insurance is $2200 for structure and wind mitigation. Property sits on almost 1/4 acre and comes with 4 off street parking spots.
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features Open PatioOpen Porch Lot Description < 1/4 Acre Lot Dimensions 75.0 Ft X 130.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Individual Flooring Parquet FloorVinyl Floor Heating Central Individual Unit1 Bedrooms 3 Unit1 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigeratorSmoke DetectorW/D Hookup Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 1120 Unit2 Bedrooms 3 Unit2 Desc A/C UnitElectric MeterKitchenPatioRefrigeratorSmoke DetectorW/D Hookup Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 1120

Property Features

Annual Net Operating Income 38000.00 Annual Total Expenses 11200.00 Auction No Available Info Leases Built Desc Resale Contingents 3rd Party ApprovalFinancing Gated Community No Gross Operating Income 49200.00 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 Other 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 Owner Special Assessment No Sq Ft Total 2240.00 Subdivision Amenities None Tax Amount 5224.56 Tax Year 2022 Taxes County Only Tenant Pays Electric Terms Considered CashFhaVa Unit1 Lease Ends 2024-03-10 Unit1 Monthly Income 2400.00 Unit2 Monthly Income 1700.00 Utilities ElectricPublic WaterSeptic Zoning Rl-3(C

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