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1583 Meridian Road

West Palm Beach, FL 33417
  • $430,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • ID#: RX-10838170
Under Contract
UPDATED: 63 min ago
$430,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,904
    SQFT
  • $226
    $/SQFT
Type:
Multi-Family
Built:
1980
County:

School Information

Elementary School:
Middle School:

Description

Fantastic duplex ownership / Investment opportunity conveniently located in West Palm Beach between i95 and the Florida turnpike, zoned for A rated Wynnebrook Elementary school ! Concrete block , 4 bedroom 2 bathrooms , 2/1 Each unit. NEW roof installed (2020) / NEW Septic drain field (2022) / NEW Unit 1 water heater (2020) / NEW unit 2 water heater (2022) Exterior has been freshly painted. Both units are rented under market value to consistent , problem free tenants ( Month to Month ). $1400 unit 1 / $1400 unit 2 . Each has their own laundry room. .Extra large lot 9588 Sq ft. ( 10 ft by 8 ft) metal shed will be conveyed with the sale of the property. Beautifully decorated with Coconut , Mango and Soursop fruit trees. Don't miss out on this great investment opportunity !!

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www.palmbeachcountyluxurylistings.com/homes/133869880
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1583 Meridian Road West Palm Beach, FL 33417

  • Price: $430,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 63 min ago
  • ID#: RX-10838170
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1,904
SQFT
$226
$/SQFT
1980
Built
Neighborhood:
Plantation Village Unrec On Am-8
County:
Palm Beach
Area:
West Palm Beach
Elementary School:
Wynnebrook Elementary School
Middle School:
Jeaga Middle School
High School:
Royal Palm Beach High School
Property Description
Fantastic duplex ownership / Investment opportunity conveniently located in West Palm Beach between i95 and the Florida turnpike, zoned for A rated Wynnebrook Elementary school ! Concrete block , 4 bedroom 2 bathrooms , 2/1 Each unit. NEW roof installed (2020) / NEW Septic drain field (2022) / NEW Unit 1 water heater (2020) / NEW unit 2 water heater (2022) Exterior has been freshly painted. Both units are rented under market value to consistent , problem free tenants ( Month to Month ). $1400 unit 1 / $1400 unit 2 . Each has their own laundry room. .Extra large lot 9588 Sq ft. ( 10 ft by 8 ft) metal shed will be conveyed with the sale of the property. Beautifully decorated with Coconut , Mango and Soursop fruit trees. Don't miss out on this great investment opportunity !!
Exterior Features

Carport Spaces 0.00 Construction Cbs Exterior Features FenceFruit Tree(S)Shed Lot Description < 1/4 Acre Lot Dimensions 71.0 Ft X 0.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Flooring Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigeratorSmoke DetectorUtilityW/D Hookup Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 952 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigeratorSmoke DetectorUtilityW/D Hookup Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 952 Unit3 Sq Ft 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 25285.00 Annual Total Expenses 8315.00 Application Fee 0.00 Auction No Available Info Deposit Security Built Desc Resale Contingent Active Under Contract Contingents FinancingInspection Gated Community No Gross Operating Income 33600.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Info Sold As-Is Sq Ft Total 1904.00 Subdivision Amenities None Tax Amount 4974.40 Tax Year 2021 Taxes City/CountyNo Homestead Tenant Pays CableElectricWater Terms Considered CashConventionalFhaVa Unit1 Monthly Income 1400.00 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic WaterSeptic Zoning Rm

Listing provided courtesy of Re/Max Prestige Realty/Wellington: (561) 798-8080. Listing information © 2022 BeachesMLS
 
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