Bought with Keller Williams Coastal Partners
$145,000
$160,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1.1 Baths
780 SqFt
SOLD DATE : 11/30/2022
Key Details
Sold Price $145,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $185
Subdivision Lappeenranta Condo
MLS Listing ID RX-10834756
Sold Date 11/30/22
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Resale
HOA Fees $289/mo
HOA Y/N Yes
Year Built 1979
Annual Tax Amount $1,951
Tax Year 2021
Property Description
INVESTMENT PROPERTY!! MORE PICTURES COMING SOON!Property has a lease in place until December 22, 2022. Tenant is paying underrated rent $1150 but it can easily go over $1600 a month. giving an investor close to 8% cap rate.The unit can be rented right away, perfect for an investor, complex has a high rent occupancy so it has to be cash or conventional with 25% down payment (verify this with your lender)Please verify all the information with the HOA, tenant schedule is complicated so it will be shown to serious buyers.
Location
State FL
County Palm Beach
Area 5620
Zoning MF-20(
Rooms
Other Rooms None
Master Bath None
Interior
Interior Features None
Heating Central
Cooling Central
Flooring Ceramic Tile
Furnishings Unfurnished
Exterior
Utilities Available Electric
Amenities Available None
Waterfront Description None
View Other
Exposure East
Private Pool No
Building
Story 2.00
Foundation CBS
Unit Floor 2
Construction Status Resale
Others
Pets Allowed Restricted
Senior Community No Hopa
Restrictions Interview Required,Lease OK
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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