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    3901 Lakewood Road , A

    Palm Springs, FL 33461
    • $345,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: RX-10678118
    UPDATED: 214 min ago
    $345,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,255
      SQFT
    • $275
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Description

    New to market, fantastic investment opportunity with this expansive 1/2 half acre lot. This property contains two charming cottages along with a bonus trailer, all can be rented! A 1/1 updated home & a 2/1 home. Perfect for investors! Live in one rent the other! Both units have new AC units 1 year old. The 1/1 was renovated a few months ago with new walls, ceiling, floors, electrical, plumbing and some windows and new refrigerators. Washer/dyer inside both units. 1/1 has renovated kitchen with loads of natural light. Both units are currently renting for $1500 / month & both are on city water and sewer since last year. Separate Elec. Property comes with trailer. Property is fenced with room to add an addition or pool, boat & RV! Already approved to add 4 additional units.

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    www.castellihomes.com/homes/112591562
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    3901 Lakewood Road , A Palm Springs, FL 33461

    • Price: $345,000
    • Status: Active
    • Updated: 214 min ago
    • MLS #: RX-10678118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    1,255
    SQFT
    $275
    $/SQFT
    1940
    Built
    Neighborhood:
    Lakewood Gardens 1
    County:
    Palm Beach
    Area:
    Palm Springs
    Elementary School:
    Palm Springs Elementary School
    Middle School:
    L C Swain Middle School
    High School:
    John I. Leonard High School
    Property Description
    New to market, fantastic investment opportunity with this expansive 1/2 half acre lot. This property contains two charming cottages along with a bonus trailer, all can be rented! A 1/1 updated home & a 2/1 home. Perfect for investors! Live in one rent the other! Both units have new AC units 1 year old. The 1/1 was renovated a few months ago with new walls, ceiling, floors, electrical, plumbing and some windows and new refrigerators. Washer/dyer inside both units. 1/1 has renovated kitchen with loads of natural light. Both units are currently renting for $1500 / month & both are on city water and sewer since last year. Separate Elec. Property comes with trailer. Property is fenced with room to add an addition or pool, boat & RV! Already approved to add 4 additional units.
    Exterior Features

    Carport Spaces 0.00 Construction CbsFrameStucco Exterior Features FenceFruit Tree(S)Room For PoolShed Lot Description 1/2 To < 1 Acre1/4 To 1/2 AcrePaved RoadPublic Road Lot Dimensions 83.0 Ft X 0.0 Ft Private Pool YN No Roof Tar/Gravel Unit1 Parking Carport - DetachedOpen Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentral Flooring Laminate Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitDryerKitchenLaundryRange - ElectricRefrigeratorWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 704 Unit2 Bedrooms 1 Unit2 Desc A/C UnitDryerKitchenLaundryRange - ElectricRefrigeratorWasher Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800 Unit3 Sq Ft 0 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 32750.00 Annual Total Expenses 9000.00 Application Fee 0.00 Available Info None Built Desc Resale Contingents Bckup Cntrct/Call La Gross Operating Income 42960.00 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 3+ Pets50+ Lb PetLease OkNone Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1255.00 Subdivision Amenities None Tax Amount 3724.77 Tax Year 2020 Taxes No Homestead Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Monthly Income 1500.00 Unit2 Monthly Income 1500.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Rm(Cit

    Listing provided courtesy of Compass Florida Llc. Listing information © 2021 BeachesMLS
     
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