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13614 Yarmouth Court

Wellington, FL 33414
  • $1,995,000
  • STATUS: Active
  • ON SITE: 186 Days
  • ID#: RX-10993798
UPDATED: 22 min ago
$1,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,844
    SQFT
  • $226
    $/SQFT
Type:
Multi-Family
Built:
1998
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike. Each unit includes a garage allowing for easy storage of golf carts and bicycles; enjoy a 6-minute bike ride or a quick golf cart ride to the Wellington Equestrian grounds! This rare, NO HOA, large multifamily property consists of FOUR 2-story rental homes; with **each home having 5 bedrooms, 2.5 bathrooms and a single car garage**. The four turnkey units are made up of a 5,120 Sq Ft duplex and two 2,560 Sq Ft detached single family homes. The property is fully leased with great tenants! With the opportunity to convert one or more of the units into a

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www.kaufman-propertiesfl.com/homes/151381199
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13614 Yarmouth Court Wellington, FL 33414

  • Price: $1,995,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 22 min ago
  • ID#: RX-10993798
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,844
SQFT
$226
$/SQFT
1998
Built
Neighborhood:
Greenview Shores 02 Welli
County:
Palm Beach
Area:
Wellington
Elementary School:
New Horizons Elementary School
Middle School:
Polo Park Middle School
High School:
Wellington High School
Property Description
This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike. Each unit includes a garage allowing for easy storage of golf carts and bicycles; enjoy a 6-minute bike ride or a quick golf cart ride to the Wellington Equestrian grounds! This rare, NO HOA, large multifamily property consists of FOUR 2-story rental homes; with **each home having 5 bedrooms, 2.5 bathrooms and a single car garage**. The four turnkey units are made up of a 5,120 Sq Ft duplex and two 2,560 Sq Ft detached single family homes. The property is fully leased with great tenants! With the opportunity to convert one or more of the units into a
Exterior Features

Carport Spaces 0.00 Construction BlockConcreteFrame Exterior Features Screen Porch Lot Description 1/4 to 1/2 Acre Lot Dimensions .38 Private Pool YN No Roof Comp Shingle Unit1 Parking Garage - AttachedSpace Parking Unit2 Parking Garage - AttachedSpace Parking Unit3 Parking Garage - AttachedSpace Parking Unit4 Parking Garage - AttachedSpace Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral Flooring Vinyl Floor Heating Central Unit1 Bedrooms 5 Unit1 Desc A/C UnitCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorScreened PorchSplit BedroomsWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 1 Unit1 Sq Ft 2560 Unit2 Bedrooms 5 Unit2 Desc A/C UnitDishwasherDisposalDryerElectric MeterMicrowaveRange - ElectricRefrigeratorScreened PorchSplit BedroomsWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Half Baths 1 Unit2 Sq Ft 2560 Unit3 Bedrooms 5 Unit3 Desc A/C UnitCathed/Vault CeilingDishwasherDisposalDryerKitchenMicrowaveRange - ElectricRefrigeratorScreened PorchSplit Bedrooms Unit3 Full Baths 2 Unit3 Furnished No Unit3 Half Baths 1 Unit3 Sq Ft 2560 Unit4 Bedrooms 5 Unit4 Desc A/C UnitCathed/Vault CeilingDishwasherDisposalDryerElectric MeterKitchenMicrowavePatioRange - ElectricRefrigeratorVolume CeilingWasher Unit4 Full Baths 2 Unit4 Furnished No Unit4 Half Baths 1 Unit4 Sq Ft 2560 Window Treatments Blinds

Property Features

Annual Net Operating Income 139434.00 Annual Total Expenses 46566.00 Auction No Available Info Other Built Desc Resale Gated Community No Gross Operating Income 160800.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes Lawn CareOther Multifamily Type Quad Plex Possession At ClosingFunding REO No Restrictions None 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 10240.00 Subdivision Amenities ParkSidewalks Tax Amount 29040.00 Tax Year 2023 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Lease Ends 2025-02-28 Unit1 Monthly Income 3300.00 Unit2 Lease Ends 2025-09-01 Unit2 Monthly Income 3300.00 Unit3 Lease Ends 2025-09-01 Unit3 Monthly Income 3500.00 Unit4 Lease Ends 2024-12-24 Unit4 Monthly Income 3300.00 Utilities CablePublic SewerPublic Water Zoning RM

Listing provided courtesy of Keller Williams Realty - Welli: . Listing information © 2024 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432