Multifamily in Wellington, FL 33414
Lakeside Shores, 1421 NW Riverside Cir

Beds
2,888
SqFt
$267
$/SqFt
Sold - May 25, 2023
Premium Multifamily
Built in 1978
Lake View
Waterfront
Outdoor Living Area
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.
MLS Number: R10884489
On Site: 1246 Days
Updated: 47 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea
      • View: Lake
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: CeramicTile,Wood
      • Construction Type: Duplex
      • Year Built: 1978
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
      • Elementary School: Wellington
      • Middle School: Wellington Landings
      • Senior High School: Wellington
      Other Property Info
      • Listing Date: 2023-04-25T17:59:58.000-00:00
      Taxes, Fees & More
      • Taxes: 7940.81
      • Total Units in Building: 2
      • Total Units in Complex: 2

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      Price History

      Current
      $770K
      High
      $770K
      Low
      $769K
      Total Change
      0.1%
      $770K$770K$769KApr 23May 23
      Date
      Event
      Price
      Change
      Price Per
      05/25/2023
      Sold
      $770K
      0.13%
      $267 ft2
      $2,870 m2
      04/25/2023
      Listed
      $769K
       
      $266 ft2
      $2,866 m2
      05/25/2023
      $770K
      Event
      Sold
      Change
      0.13%
      Price Per
      $267 ft2
      $2,870 m2
      04/25/2023
      $769K
      Event
      Listed
      Price Per
      $266 ft2
      $2,866 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Billy LangleyPlatinum Living Realty • Buyer Agency Compensation .

      Transit & Commute from Lakeside Shores

      DriveBikeWalk
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      27
      Traffic score
      Congested area. Frequent traffic delays
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      Listing Location & Street View
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      Scores

      Walk Score®
      Car-Dependent. Almost all errands require a car
      9

      100
      Bike Score®
      Somewhat Bikeable. Minimal bike infrastructure
      34

      100
      Sound Score®
      Bearable noise
      79

      100
      Airport Score
      Close to airports. Noticeable airport activity
      0

      100
      Traffic Score
      Congested area. Frequent traffic delays
      27

      100
      Local Score
      Limited local amenities nearby
      0

      100
      Community Snapshot
      6 – 6 BR
      Bedrooms
      $800K – $1.5M
      Price Tier
      1,266 - 3,858
      SqFt Range
      1978
      Year Build
      1
      Total Floors

      Subdivision Amenities

      Boating
      None
      Park
      Playground
      Sidewalks

      Wellington
      Premium
      Premium Homes & Condos

      South Shore Of Wellington Communities in Wellington, FL