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    502 Lake Osborne Drive

    Lake Worth Beach, FL 33461
    • $525,000
    • STATUS: Closed
    • ON SITE: 149 days
    • ID#: RX-10601215
    Sold - 06/10/2020
    $525,000
    SOLD - 06/10/2020
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,256
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    2 DUPLEXES, 1 LARGE PARCEL. 2 UNITS TOTAL INC. 1/1, 2/1, large studio and 1/1. ALL RENTED, ANNUAL LEASES!Turn-Key operation for new owner.EXTENSIVE, PERMITTED RENOVATIONS just completed, all final plus rental occupancy inspections as well. TOP to bottom renovation including ROOFS, FLOORS, ELECTRICAL (5 new panels, meters and most wiring) PLUMBING (inc. 4 separate water meters) HURRICANE IMPACT WINDOWS/DOORS, CUSTOM GRAY WOOD KITCHENS, QUARTZ COUNTER TOPS, ALL NEW STAINLESS APPLIANCES, WINDOW TREATMENTS, CEILING FANS, LIGHTING, SHARED UTILITY WITH WASHER/DRYER, NEW LANDSCAPE, NEW PAINT, NEW EXTERIOR LIGHTING...

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    www.daltonwadesouthflorida.com/homes/103250064
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    502 Lake Osborne Drive Lake Worth Beach, FL 33461

    • Price: $539,900
    • Status: Closed
    • Updated: 32 min ago
    • ID#: RX-10601215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    2,256
    SQFT
    $233
    $/SQFT
    1950
    Built
    Neighborhood:
    Buffalo Heights
    County:
    Palm Beach
    Area:
    Lake Worth Beach
    Property Description
    2 DUPLEXES, 1 LARGE PARCEL. 2 UNITS TOTAL INC. 1/1, 2/1, large studio and 1/1. ALL RENTED, ANNUAL LEASES!Turn-Key operation for new owner.EXTENSIVE, PERMITTED RENOVATIONS just completed, all final plus rental occupancy inspections as well. TOP to bottom renovation including ROOFS, FLOORS, ELECTRICAL (5 new panels, meters and most wiring) PLUMBING (inc. 4 separate water meters) HURRICANE IMPACT WINDOWS/DOORS, CUSTOM GRAY WOOD KITCHENS, QUARTZ COUNTER TOPS, ALL NEW STAINLESS APPLIANCES, WINDOW TREATMENTS, CEILING FANS, LIGHTING, SHARED UTILITY WITH WASHER/DRYER, NEW LANDSCAPE, NEW PAINT, NEW EXTERIOR LIGHTING...
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerAwningsCovered PatioFenceOpen PatioOpen PorchWell SprinklerZoned Sprinkler Lot Description < 1/4 Acre Lot Dimensions .20 Acre Private Pool YN No Roof Built-UpComp ShingleTar/Gravel Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open Parking Unit4 Parking Open Parking View GardenLakeOther Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentralElectric Flooring Ceramic Tile Heating CentralElectric Unit1 Bedrooms 1 Unit1 Desc A/C UnitBuilt-In ShelvesDishwasherElectric MeterKitchenMicrowavePantryRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 560 Unit2 Bedrooms 2 Unit2 Desc A/C UnitBuilt-In ShelvesDisposalElectric MeterKitchenPantryRange - ElectricRefrigeratorWindow Cover Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 620 Unit3 Desc A/C UnitDisposalElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorWalk-In Closets Unit3 Sq Ft 408 Unit4 Bedrooms 1 Unit4 Desc A/C UnitDisposalElectric MeterKitchenMicrowaveRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Sq Ft 600 Window Treatments BlindsImpact Glass

    Property Features

    Annual Net Operating Income 44500.00 Annual Total Expenses 17500.00 Available Info None Built Desc Resale Contingents None Development Name Buffalo Heights Gross Operating Income 62000.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At ClosingNegotiable REO No Restrictions NoneOther Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Sq Ft Total 2384.00 Subdivision Amenities Bike - Jog Tax Amount 8051.84 Tax Year 2019 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashExchange Unit1 Lease Ends 2021-03-13 Unit1 Monthly Income 1250.00 Unit2 Lease Ends 2021-03-01 Unit2 Monthly Income 1400.00 Unit3 Lease Ends 2021-03-01 Unit3 Monthly Income 1100.00 Unit4 Lease Ends 2021-03-01 Unit4 Monthly Income 1350.00 Utilities ElectricPublic Water Zoning Mf-20(

    Listing provided courtesy of Lang Realty - Boynton Beach. Listing information © 2020 BeachesMLS
     
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    Dalton Wade
    Station House 260 1st Avenue South, 5th floor
    St. Petersburg FL, 33701