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3642 Melaleuca Lane

Lake Worth, FL 33461
  • $425,000
  • STATUS: Closed
  • ON SITE: 49 Days
  • MLS #: RX-10984645
Sold - 06/13/2024
$425,000
SOLD - 06/13/2024
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,720
    SQFT
  • $247
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:
Area:

School Ratings & Info

Description

''Opportunity knocks at the heart of Lake Worth with this charming duplex, located at 3642 Melaleuca Ln. Boasting long-term tenants in place, this property offers smart investors the chance to secure a steady income stream without the oversight of an HOA. Each unit in this 860 square foot multi-family home promises a cozy living space, waiting for a touch of TLC to unlock its full potential.Please note, this is a tenanted property, and we kindly ask that their privacy and peace are respected - do not disturb the tenants. For more information and to discuss the boundless possibilities this investment opportunity offers, please reach out without delay.''

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www.ewm.com/homes/150232194
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3642 Melaleuca Lane Lake Worth, FL 33461

  • Price: $425,000
  • Status: Closed
  • On Site: 49 Days
  • MLS #: RX-10984645
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1,720
SQFT
$247
$/SQFT
1981
Built
Neighborhood:
Palm Beach Farms Co 7
County:
Palm Beach
Area:
Lake Worth
Property Description
''Opportunity knocks at the heart of Lake Worth with this charming duplex, located at 3642 Melaleuca Ln. Boasting long-term tenants in place, this property offers smart investors the chance to secure a steady income stream without the oversight of an HOA. Each unit in this 860 square foot multi-family home promises a cozy living space, waiting for a touch of TLC to unlock its full potential.Please note, this is a tenanted property, and we kindly ask that their privacy and peace are respected - do not disturb the tenants. For more information and to discuss the boundless possibilities this investment opportunity offers, please reach out without delay.''
Exterior Features

Carport Spaces 4.00 Construction CBS Exterior Features FenceOpen Patio Lot Description 1/4 to 1/2 Acre Lot Dimensions 135.0 ft x 95.0 ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralElectric Flooring Ceramic Tile Heating CentralElectric Unit1 Bedrooms 2 Unit1 Desc A/C UnitDishwasherDryerElectric MeterKitchenLaundryPatioRange - ElectricRefrigeratorSmoke DetectorW/D HookupWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 860 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryRange - ElectricRefrigeratorSmoke DetectorW/D HookupWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 860

Property Features

Annual Net Operating Income 24000.00 Annual Total Expenses 5700.00 Auction No Available Info None Built Desc Resale Contingents Financing Gated Community No Gross Operating Income 18300.00 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 ClosingSubject to Lease 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 Special Assessment No Special Info HandymanSold As-Is Sq Ft Total 1960.00 Subdivision Amenities None Tax Amount 5070.05 Tax Year 2023 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventionalExchange Unit1 Monthly Income 1000.00 Unit2 Monthly Income 1000.00 Utilities CableElectricPublic SewerPublic Water Zoning RM

Listing provided courtesy of Sutter & Nugent Llc: . Listing information © 2024 BeachesMLS
 
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Berkshire Hathaway HomeServices EWM Realty
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