Bought with Keller Williams Realty - Welli
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1421 NW Riverside CIR Wellington, FL 33414
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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,888 sqft
Price per Sqft $266
Subdivision South Shore 1 Of Wellington
MLS Listing ID RX-10884489
Sold Date 05/25/23
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1978
Annual Tax Amount $7,940
Tax Year 2022
Lot Size 9,900 Sqft
Property Description
This is the one! A money-making CBS duplex on BEAUTIFUL Lake Wellington with 140' of water frontage! Both units have a split floor plan with 2 master suites, spacious living areas, and large kitchens with bar. One unit has a screened patio, the other enclosed with glass and AC'd. Both have an additional concrete patio space overlooking the long view of the lake. Rent demand is high in Wellington due to excellent A-rated schools. Property values are secure, especially on the water! Both units are rented to great tenants at 6.4% CAP rate with room to grow. Don't miss out on this amazing opportunity! Showings by special appointment only, Do not disturb the current residents. Roof replaced in 2016 & AC in 2016/2019.
Location
State FL
County Palm Beach
Area 5520
Zoning WELL_P
Interior
Heating Central
Cooling Ceiling Fan, Central
Flooring Ceramic Tile, Wood Floor
Exterior
Exterior Feature Auto Sprinkler, Covered Patio, Fruit Tree(s), Lake/Canal Sprinkler, Screened Patio, Shed
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Park, Picnic Area, Play Area, Playground
Waterfront Yes
Waterfront Description Lake
View Lake
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Wellington Elementary School
Middle Schools Wellington Landings Middle
High Schools Wellington High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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