Multifamily in West Palm Beach, FL 33401
Lake Avenue, 1123 10th St

2,028
SqFt
Status
Sold - Jul 19, 2019
Size
2,028 SqFt (188 m2)
Price
$118/SqFt ($1,274/m2)
Type
Multifamily
Built
1964
MLS Number
R10536869
View
Garden
On Site
2655 Days
Updated
2 Days ago
Page Views
0
This triplex offers a perfect opportunity to build wealth by rental and appreciation income. There are 3 units as a 2/1 and a 2 car garage that could be rented as storage or improved. Two of the units are first floor units and one is over the garage. There is an onsite laundry room for tenants. The property value could be improved easily by investing in the property and then the CAP rate would increase. The tenants are month to month currently. The triplex is located close to great shopping at the Outlets and downtown West Palm Beach. Be sure to see this before the opportunity is gone. Who will be the lucky investor?

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Carpet,CeramicTile
      • Windows/Treatment: Blinds,Sliding
      • Year Built: 1964
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2019-06-07T12:02:56.000-00:00
        Taxes, Fees & More
        • Taxes: 2560
        • Total Units in Building: 4
        • Total Units in Complex: 3

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        11/15/2021
        Listed
        $240K
         
        $118 ft2
        $1,274 m2
        11/15/2021
        $240K
        Event
        Listed
        Price Per
        $118 ft2
        $1,274 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Lisa Treu • Treu Group Real Estate • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        63

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        45

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        54

        100
        Sound Score®
        Bearable noise
        77

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        30

        100
        Local Score
        Limited local amenities nearby
        2

        100
        Community Snapshot
        3 – 3 BR
        Bedrooms
        $380K – $380K
        Price Tier
        774 - 2,916
        SqFt Range
        1954
        Year Build
        1
        Total Floors

        Subdivision Amenities

        None
        Sidewalks

        West Palm Beach
        Entry-Level
        Entry-Level Homes & Condos