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    1018 S M Street , #5

    Lake Worth Beach, FL 33460
    • $425,000
    • STATUS: Closed
    • ON SITE: 221 days
    • ID#: RX-10618085
    Sold - 06/25/2020
    $425,000
    SOLD - 06/25/2020
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,525
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    **GREAT INVESTMENT OPPORTUNITY** Rare 4 - 2 bedroom / 1 bathroom Quadplex. Fully rented. 4 parking spaces off the street in front of Quadplex. All units have a Fridge, stove and 2 Ceiling fans. The rent on these units are the lowest in the area. Currently all tenants have resided for minimum 3 plus years. 1 tenant takes care of lawn maintenance. Separate Electric meters.

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    www.westpalmhomesearch.com/homes/105322610
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    1018 S M Street , #5 Lake Worth Beach, FL 33460

    • Price: $460,000
    • Status: Closed
    • ID#: RX-10618085
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,525
    SQFT
    $0
    $/SQFT
    1968
    Built
    Neighborhood:
    Lake Worth Town of Add 1
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    **GREAT INVESTMENT OPPORTUNITY** Rare 4 - 2 bedroom / 1 bathroom Quadplex. Fully rented. 4 parking spaces off the street in front of Quadplex. All units have a Fridge, stove and 2 Ceiling fans. The rent on these units are the lowest in the area. Currently all tenants have resided for minimum 3 plus years. 1 tenant takes care of lawn maintenance. Separate Electric meters.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 50.0 Ft X 135.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Electric Flooring Ceramic Tile Heating Electric Unit1 Bedrooms 2 Unit1 Desc Range - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 750 Unit2 Bedrooms 2 Unit2 Desc Range - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 750 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 750 Unit4 Bedrooms 2 Unit4 Desc Built-In Shelves Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 750

    Property Features

    Annual Net Operating Income 26600.00 Annual Total Expenses 13000.00 Available Info Leases Built Desc Resale Contingents Financing Gross Operating Income 39600.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Quad Plex Possession At ClosingNegotiable 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 Other Special Info Disclosure Sq Ft Total 2929.00 Subdivision Amenities None Tax Amount 6137.01 Tax Year 2019 Taxes City/County Tenant Pays ElectricWater Terms Considered CashConventional Unit1 Monthly Income 775.00 Unit2 Monthly Income 850.00 Unit3 Monthly Income 850.00 Unit4 Monthly Income 850.00 Utilities Public Water Zoning Sf-7(C

    Listing provided courtesy of The Keyes Company. Listing information © 2020 BeachesMLS
     
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    Ryan Jennings Group at Keller Williams Realty
    12008 South Shore Blvd.
    Wellington FL, 33414