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1421 Riverside, Wellington, FL 33414

Multi-family Recently Sold
$770,000

BTC: 8.46153846

ETH: 248.38709677

Sold on: 2023-05-25
14 days
Waterfront
0 room(s)
2,888 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Wellington • 33414 • Multi-family • Recently Sold • Waterfront

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
9900 Square Feet
Heating:
No Data
Price/sqft:
$266
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 9900 Square Feet

    Other Property Information

    • Parcel Number: 73414410010100060

    • Zoning: WELL_P

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,941

  • Source details

    • MLS ID: RX-10884489

    Other facts

    • Direction Faces: FOREST HILL BETWEEN THE 2 WELLINGTON TRACES TO BLOCK ISLAND ON S SIDE

    • Waterfront: Yes

    • Garage: Yes

    • Living Area: 2888

    • Subdivision Name: SOUTH SHORE 1 OF WELLINGTON

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Platinum Living Realty