This is the one! A money-making CBS duplex on BEAUTIFUL Lake Wellington with 140' of water frontage! Both units have a split floor plan with 2 master suites, spacious living areas, and large kitchens with bar. One unit has a screened patio, the other enclosed with glass and AC'd. Both have an additional concrete patio space overlooking the long view of the lake. Rent demand is high in Wellington due to excellent A-rated schools. Property values are secure, especially on the water! Both units are rented to great tenants at 6.4% CAP rate with room to grow. Don't miss out on this amazing opportunity! Showings by special appointment only, Do not disturb the current residents. Roof replaced in 2016 & AC in 2016/2019.
Sold for $770,000 on 05/25/23
$770,000
1421 NW Riverside Circle, Wellington, FL 33414
4beds
2,888sqft
Duplex
Built in 1978
-- sqft lot
$736,600 Zestimate®
$267/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 06, 2023 at 07:21am
Listed by:
Billy Langley 561-247-4427,
Platinum Living Realty,
Brandon Michael Niemela 561-308-4204,
Platinum Living Realty
Bought with:
Amanda C Lancaster
Keller Williams Realty - Welli
Source: BeachesMLS,MLS#: RX-10884489
Originating MLS: Beaches MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, A/C Unit
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Range - Electric
- Laundry: In Unit, Laundry
Features
- Cathed/Vault Ceiling, Kitchen, Pantry, Roman Tub, Split Bedrooms, Walk-In Closet(s), Volume Ceilings
- Flooring: Ceramic Tile, Wood
- Windows: Unit 1 (Window Treatments), Unit 2 (Window Treatments)
Interior area
- Total structure area: 3,290
- Total interior livable area: 2,888 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open, Space Parking, Open Parking
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered Patio, Screened Patio, Screened Porch
- Exterior features: Auto Sprinkler, Lake/Canal Sprinkler
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
- Frontage length: 140
Lot
- Size: 9,900 sqft
- Features: < 1/4 Acre
- Residential vegetation: Fruit Tree(s)
Details
- Additional structures: Shed(s)
- Parcel number: 73414410010100060
- Zoning: WELL_P
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- CBS
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: Separate Electrical Meters
- Sewer: Public Sewer
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & neighborhood
Community
- Community features: Park, Picnic Area, Play Area, Playground
Location
- Region: Wellington
- Subdivision: South Shore 1 Of Wellington
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$736,600