Investor special!!! 6.5% cap rate. Solid tenant in place till July 31st 2025 paying $2600 a month. Yearly revenue $31,200. Taxes $4k and hoa $5k a year. Net revenue $22,200. 22,200/340k = 6.5%.BRAND NEW ROOF, BRAND NEW GAS COOKTOP AND TWO YEAR OLD AC. Spacious 2/2 townhome centrally located in the heart of Palm Beach Gardens. Close to I 95, PGA Blvd, Downtown at the Gardens and Gardens mall. Upgrades through out the entire townhome including flooring, kitchen and baths. Extra large patio for grilling, relaxing and entertaining. Up stairs offers two large bedrooms with their own balcony. Located in the quite part of the community and off the main road.
|
DAYS ON MARKET
|
34
|
LAST UPDATED
|
6/15/2024
|
|
TRACT
|
MERIDIAN PARK
|
YEAR BUILT
|
1976
|
|
COUNTY
|
Palm Beach
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Condo/Townhouse/Co-Op
|
|
|
|
Prior to Jun 10, '24
|
$349,999
|
|
Jun 10, '24 - Jun 15, '24 |
$339,999
|
| Jun 15, '24 - Today |
$334,999 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Electric Water Heater, Freezer, Gas Range, Microwave, Refrigerator, Washer |
| BUYER'S BROKERAGE COMPENSATION |
2.5 |
| HEAT |
Central |
| HOA DUES |
285.92 |
| LOT DESCRIPTION |
Waterfront |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
MERIDIAN PARK |
| TAXES |
4076.91 |
| UTILITIES |
Cable Available, Natural Gas Available |
| WATER |
Public |
| ZONING |
RM(cit |
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Listing provided by Tim Feld, Sutter & Nugent LLC
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Data last updated: 6/25/24 4:41 PM PDT.
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