Modern Living Group
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$2,050,000ACTIVE

1031 Goldenrod Road, Wellington, FL 33414

beds0baths6,332sq ft$324/ sq ft
THE RESIDENCE

About this home

Exceptional investment opportunity in the heart of Wellington. Each unit features 4 Bedrooms, 2 1/2 baths town homes. Fully renovated fourplex in a highly sought-after Wellington location. All four units have been extensively updated with modern finishes and major capital improvements, including Impact windows, HVAC systems, water heaters, kitchens, cabinetry, flooring, bathrooms, and interior finishes throughout. This turnkey income-producing property offers strong rental appeal and minimal maintenance concerns. Conveniently located near shopping, dining, parks, major roadways, and Wellington's renowned equestrian venues. An exceptional investment opportunity in one of Palm Beach County's most desirable rental markets. All A+ schools. Sit back and collect your rents. The majority of the renovations were completed between 2024 and 2026.

THE DETAILS

Property details

List Price$2,050,000
Price / Unit$512,500
Units4
Cap Rate6.33%
Gross Income$157,200/yr
Net Operating Income$129,800
Inside Sq Ft6,332
Year Built1989
ConstructionBlock, Concrete, Stucco
FlooringCeramic Tile, Tile, Vinyl
ZoningWELL_PUD (city)
Lot Dimensions198.0 ft x 0.0 ft
Property TypeTownhouse
MLS #B26040214
StatusActive
Original List Price$2,050,000
GRM13.0
Tenant PaysCable TV, Electricity, Sewer, Water
Show all details (9 more)
Stories2
Lot Size0.36 acres
WaterfrontYes
Waterfront FeaturesCanalAccess,CanalFront
ViewCanal,Water
Days on Market10
Annual Taxes$20,732
CityWellington
Zip Code33414
LOCATION

Where you'll live

Shane Beckford
FEATURED AGENT
Shane Beckford
Wellington Specialist
Real Estate Specialist

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