5363 Norma Elaine Road West Palm Beach, FL 33417
$369,000
4 Beds
3.5 Baths
1062 sqft
MLS#
RX-11142799
Type
Single Family Detached
Status
Active Listing
Square Footage
1,062
Bedrooms
4
Bathrooms
3 full | 1 half
Year Built
1959
Garage Spaces
2
Property Description
Pre Foreclosure, handyman special Must close by end of year. Priced to sell Duplex with the feel and layout of a single family house + guest house. Main house is a full split floor plan 3 bedroom 2 bathroom house and the 2nd unit is a Large 1 bedroom 1.5 bathroom separate entrance with 2 electric meters. Front house is currently vacant, tenant just moved out but market rent is 2700/month and back house is paying month to month approximately 1500/month but market rent is slightly higher. Expected potential gross income as a fully rented duplex is 50,400 per year. Comps in the area for similar income suggest a value between 525k-575k. This house needs a new roof (18500 bid in hand).
Listed By: Elevate Realty LLC, (561) 427-3923
Cooling:Other
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Mortage Insurance
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Property information provided by: BeachesMLS
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