Bought with True Floridian Realty
$880,000
$999,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
2,784 SqFt
SOLD DATE : 05/26/2021
Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $316
Subdivision Dell Park
MLS Listing ID RX-10645598
Sold Date 05/26/21
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $8,232
Tax Year 2019
Lot Size 0.287 Acres
Property Description
Nestled in the heart of East Delray Beach is where you will find this amazing investment opportunity! Just a quick walk or bike ride to downtown Atlantic Ave and the pristine white sandy beaches! This 4 unit multi-family property is currently 100% tenant occupied and offers a variety of opportunities; new build or long overdue rent increases. Incredible pro-forma value with long time tenants in place and rents well below market value. This mid-century charmer, currently offers two buildings, each with (2) - 2 bedroom/1 bathroom apartments (total of 4 units), on an over-sized lot, with mature landscaping, updated electrical, original terrazzo floors, new roof on one of the two buildings, real wood kitchen cabinetry and so much more!
Location
State FL
County Palm Beach
Area 4460
Zoning R-1-A(
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Terrazzo Floor
Exterior
Exterior Feature Exterior W/D Hookup, Fruit Tree(s)
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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