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    13916 Folkestone Circle

    Wellington, FL 33414
    • $950,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • MLS #: RX-10663521
    Under Contract
    UPDATED: 24 min ago
    $950,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,064
      SQFT
    • $157
      $/SQFT
    Type:
    Multi-Family
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Description

    Folkestone Villa's Is A Unique Multi-Family Investment Opportunity. Constructed As A Quadplex This massive 7660 Square Feet Building Sits On A Half Acre Of Land Located In The Equestrian Capital Of The World Wellington. Villa's Has A Average Of 1,915 Square Feet Of . All units are 4 bedroom 2 bath and have a second story loft. Because Of It's Strong Economy And A Rated School Districted. Wellington Is A Strong Rental Demand Area.

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    www.bettersouthfloridahomes.com/homes/111044797
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    13916 Folkestone Circle Wellington, FL 33414

    • Price: $950,000
    • Status: Active Under Contract
    • Updated: 24 min ago
    • MLS #: RX-10663521
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    6,064
    SQFT
    $157
    $/SQFT
    1996
    Built
    Neighborhood:
    Greenview Shores 2 Of Wellington
    County:
    Palm Beach
    Area:
    Wellington
    Property Description
    Folkestone Villa's Is A Unique Multi-Family Investment Opportunity. Constructed As A Quadplex This massive 7660 Square Feet Building Sits On A Half Acre Of Land Located In The Equestrian Capital Of The World Wellington. Villa's Has A Average Of 1,915 Square Feet Of . All units are 4 bedroom 2 bath and have a second story loft. Because Of It's Strong Economy And A Rated School Districted. Wellington Is A Strong Rental Demand Area.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto SprinklerExterior W/D HookupFence Lot Description 1/4 To 1/2 Acre Private Pool YN No Roof Concrete Tile Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Flooring Ceramic Tile Heating Central Unit1 Bedrooms 4 Unit1 Desc A/C UnitDishwasherDisposalDryerElectric MeterFrench DoorsKitchenMicrowaveRange - ElectricRefrigeratorW/D HookupWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 1915 Unit2 Bedrooms 4 Unit2 Desc A/C UnitDishwasherDisposalDryerElectric MeterFrench DoorsKitchenMicrowaveRange - ElectricRefrigeratorUtilityW/D HookupWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 1915 Unit3 Bedrooms 4 Unit3 Desc A/C UnitDishwasherDryerElectric MeterFrench DoorsKitchenLaundryRange - ElectricRefrigeratorWasher Unit3 Full Baths 2 Unit3 Furnished No Unit3 Half Baths 0 Unit3 Sq Ft 1915 Unit4 Bedrooms 4 Unit4 Desc A/C UnitDishwasherElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorW/D Hookup Unit4 Full Baths 2 Unit4 Furnished No Unit4 Half Baths 0 Unit4 Sq Ft 1915

    Property Features

    Annual Net Operating Income 65994.00 Annual Total Expenses 19741.00 Available Info Investment AnalysisLeases Built Desc Resale Contingent Backup Contingents AppraisalFinancing Gross Operating Income 85735.00 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 ClosingFunding REO Yes 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 AccountantProforma Special Assessment No Sq Ft Total 7660.00 Subdivision Amenities None Tax Amount 13058.30 Tax Year 2020 Taxes City/County Tenant Pays ElectricSewerWater Terms Considered CashConventionalFhaVa Unit1 Lease Ends 2021-01-31 Unit1 Monthly Income 1575.00 Unit2 Lease Ends 2021-07-31 Unit2 Monthly Income 1620.00 Unit3 Lease Ends 2021-07-31 Unit3 Monthly Income 1600.00 Unit4 Lease Ends 2021-01-06 Unit4 Monthly Income 1800.00 Utilities ElectricPublic Water Zoning Well_P

    Listing provided courtesy of Kw Innovations. Listing information © 2020 BeachesMLS
     
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