Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
1,480
INVESTOR OPPORTUNITY!! Welcome FHA/VA buyers. Have you been thinking of buying an investment property that you can live in and generate income from a second unit? This legally zoned duplex offers just that. Live in the main house and rent out the rear unit or vice versa. This home has a rental history as an Airbnb - $3500 a month average for short-term rental of the rear unit or $1600 a month as an annual rental. Built in 1940, this historic Spanish Mission charmer has been updated in all the right places. It is light and bright with fresh paint inside and out. The main house is a 2-bedroom, 1 bath home that features newly installed luxury vinyl plank floors throughout, crown molding, a woodburning fireplace, central A/C, and a spacious kitchen with loads of storage, quartz counters and stainless appliances. You will love relaxing on the large, screened lanai that looks onto the backyard that is fully fenced for privacy. The rear unit has its own private entrance from the outdoors. It features Saltillo floors throughout, spacious living areas, a walk-in closet, and a full kitchen. The home offers versatile living options. Maintain it as two units for steady cash flow or join the units, creating a spacious single-family home, or use it for multi-generational living, providing family independence with their own living space and kitchen, plus a private entrance. The home also has coveted off-street parking for two vehicles. Hurricane accordion shutters provide peace of mind. And it's NOT in a flood zone! *Taxes reflect only a partial exemption.* Everything is close by, including Trader Joe's that just opened around the corner. Hip and artsy downtown Lake Worth Beach with its sidewalk cafes, art galleries, jazz clubs, and specialty shops is one mile away for you to explore. And the beach and boardwalk is just two miles away. You're never at a loss for something to do. Grab your bag and head to the waterfront green market on Saturdays. Or play 18 holes at the waterfront public golf course. Spend the day at the beach where you will find shops, restaurants and a 300' pier where you can fish or just enjoy a leisurely stroll. Explore the Arts District and take in a live glass-blowing demonstration at the Benzaiten Center for Arts or a play at the Lake Worth Playhouse. The city loves its festivals. It hosts many throughout the year, the Street Painting Festival being its signature event, where artists paint the streets, turning downtown into an outdoor art gallery with more than 200 street paintings. Centrally located to Palm Beach International Airport, the Brightline train, and all that West Palm Beach and the glitzy Island of Palm Beach have to offer. This is your chance to own a piece of paradise!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Electric, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Stucco, Frame
-
Other Exterior Features
Outdoor Shower
-
Patio and Porch Features
Patio, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$474,900
-
Tax Amount
$8,538.19
-
Sq. Footage
1, 480
-
Price/SqFt
$320
HOA
-
Association
No
School District
-
Elementary School
North Grade K-8
-
Middle School
Lake Worth
-
High School
Lake Worth
Property Features
-
Stories
1
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
North Grade K-8
Middle School
Lake Worth
High School
Lake Worth
Listing Courtesy of Erin Allen , Illustrated Properties LLC
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