720 S Broadway, Lantana, FL 33462

$525,000
2,988
SqFt
List Price
$525,000
Days on Market
73
MLS#
RX-10493314
Status
ACTIVE
Sq. Ft
2,988
Subtype
Quad Plex
County
Palm Beach
Community
Greynolds Highlands
Subdivision
Greynolds Highlands
Year Built
1965

Property Description

This is a multifamily 5 unit building. A mix of 5 units total. 4/ 1/1's units and 1/ 2/1 unit. Onsite coin laundry. Current cap rate 8%. Potential to make capital improvements on the non renovated units and increase rental rate upside to market rent of $1050+for 1/1's and $1300 + 2/1.

Additional Information

Building No
No
Hoa
Yes
Total Unitsin Bldg
5
Construction
Frame/Stucco
Cooling
Wall-Win A/C
Exterior Feature
Fence
Flooring
Ceramic Tile, Linoleum
Heating
No Heat
Lot Description
1 to < 2 Acres
Restrict
Lease OK
Roof
Comp Shingle
Window Treatment
Blinds
Taxes
$5,862
View
Other
Amenities
Common Laundry
Waterfront
None
Total Op Expenses
12162
Total Unitsin Bldg
5
Roofing
Comp Shingle
Utility
Cable, Electric, Public Sewer, Public Water
Lot Description
1 to < 2 Acres
Price Per Acre
7653492.0
Price Per Sqft
$175
Elementary School
Lantana Elementary School
Middle School
Lantana Middle School
High School
Lake Worth High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Towne & Country Real Estate, LLC.