518 North 7th Street
518 North 7th Street
$469,999
—
2,893
2,893
$162
Closed Sale 9/30/22
Description
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...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
- Listed by Steven Modica • Real Estate Home Sales Inc
Property Details for 518 North 7th Street
Subdivision Name
Mantyharju Lantana
StyleTriplex
WaterfrontNo
Location
LISTING UPDATED: 10/15/2022 05:39 PM
Property Details for 518 North 7th Street
Status | Closed Sale |
---|---|
MLS # | F10339886 |
Days on Market | 58 |
Taxes | $6,118 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1955 |
Lot Size | - |
County | Palm Beach County |
Location
Building Information for 518 North 7th Street
Stories-Residences4Year Built1955Building Size-Lot Size-
Payment Calculator
$3,075 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 518 North 7th Street
Property History for 518 North 7th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 518 North 7th Street
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 12 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Barton Elementary School PublicPK to 5 | ||
Lake Worth High School PublicPK to 12 | ||
Lantana Middle School Public6 to 8 | ||
Palm Beach Maritime Academy High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.