Boynton Beach, FL 33435,418 NW E 11th AVE E
Listed by Home Source Inc.
Bought with RE/MAX Prestige Realty/WPB
$130,000
$144,950
10.3%
Est.Price: ?

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4 BD
2 BA
1,032 SqFt

418 NW E 11th AVE E Boynton Beach, FL 33435

Est. payment /mo
SOLD DATE : 05/02/2019

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Key Details

Sold Price $130,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,032 sqft

Price per Sqft $125

Subdivision Cherry Hills

MLS Listing ID RX-10499194

Sold Date 05/02/19

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Abv Grd Liv Area 12

Year Built 1952

Annual Tax Amount $1,793

Tax Year 2017

Lot Size 5,084 Sqft

Property Description

Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015.Cash-flow day one, or improve units to increase the rents and your return!In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.** Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++**** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.

Location

State FL

County Palm Beach

Area 4330

Zoning R2(cit

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Ceramic Tile

Exterior

Exterior Feature None

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Built-Up,Tar/Gravel

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation Frame, Hollow Tile, Stucco

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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Learn More About LPT Realty

Jennifer Royal

Agent | License ID: SL3520971

+1(561) 309-6370

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