Bought with Charles Rutenberg Realty LLC
$575,000
$650,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
9.5 Baths
8,865 SqFt
SOLD DATE : 08/28/2015
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 8,865 sqft
Price per Sqft $64
Subdivision Palm Beach Farms Co 7
MLS Listing ID RX-10108099
Sold Date 08/28/15
Year Built 1976
Annual Tax Amount $9,821
Tax Year 2014
Lot Size 1.100 Acres
Property Description
4567 Gulfstream Dr is located in one of the tightest rental markets in Lake Worth, with the lowest vacancy rates. It offers the investor the unique opportunity to own a multifamily rental property in a fast developing market of the Palm beach County. The subject property has a unit-mix of five (5) two-bedroom and 1 1/2 townhouses and one (1) four-bedroom/two bath single family home, very spacious and which can easily be converted into a two(2) two bedroom duplex, all situated on a 1.0965 acre lot. Each unit with central a/c unit, ceramic tile, washer and dryer hook ups. Roof changed around 8 years ago. All townhouses have 2 parking spaces and plenty of guests parking. The single family home has a circular driveway and spacious tiled bedrooms and kitchen. Also it has a large porch area.
Location
State FL
Zoning RM
Interior
Heating Central
Cooling Central
Flooring Carpet, Tile
Fireplaces Type Smoke Detector
Exterior
Community Features None
Utilities Available Cable
Roof Type Comp Shingle
Present Use None
Building
Story 100.00
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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