Multifamily in Lantana, FL 33462
518 N 7th St

Beds
2,893
SqFt
$162
$/SqFt
Sold - Sep 30, 2022
Multifamily
Built in 1955
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 FOR SALE.
MLS Number: F10339886
On Site: 1526 Days
Updated: 37 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central, Electric, SeparateMeters
        • Cooling Description: CeilingFans
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1955
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-07-14T14:29:17.000-00:00
          Taxes, Fees & More
          • Maintenance Includes: Water
          • Taxes: 6118
          • Real Estate Taxes: 236382
          • Total Floors in Building: 2
          • Total Units in Building: 4
          • Total Units in Complex: 4

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/22/2022
          Listed
          $470K
           
          $162 ft2
          $1,749 m2
          08/22/2022
          $470K
          Event
          Listed
          Price Per
          $162 ft2
          $1,749 m2
          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 .

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