Closed

Mantyharju Lantana, 518 N 7th St, Lantana, FL 33462

$469,999Price
2,893SqFt

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Details

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Status:
Sold - Sep 30, 2022
Size: 2,893 SqFt (269 m2)
Price: $162/SqFt ($1,749/m2)
Type: Multi Family
Built: 1955
MLS Number: F10339886
On Site: 1116 Days
Updated: 1023 Days ago
Page Views: 0
Cash only 10% r.o.i!!! $5000++ monthly income from current market value rents!!!! All tenants are paying under market rents!fantastic triplex and separate garage & apt. Opportunity located near major highways, businesses, and minutes to the ocean, this triplex offers a steady stream of rental income in a location that is seeing major ongoing growth and appreciation. All 3 apartments are currently rented as well as the garage. Each apartment is on its own electric meter; there is a single water meter for the property. Market rents for the building are $5,000+ per month. Double insulation and copper pipes installed between 2019 and 2021, and a paver patio in the backyard. Current tenants have been onsite forever and current rents are way below market
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CeilingFans
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1955
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-07-14T13:29:17.713-00:00
          Taxes, Fees & More
          • Taxes: 6118
          • Total Units in Building: 4

          Price History

          08/22/2022

          Date

          Listed

          Event

          $470K

          Price

          $162 ft2 / $1,749 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Steven ModicaReal Estate Home Sales Inc • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $100/ft²
          $300/ft²
          $500/ft²

          Unit 518 N 7th St – Asking

          $162/ft²

          (-44%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $288/ft²
          Community $/Price Range (Closed) $191/ft² – $346/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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