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Delray Beach,FL 33483
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,786 sqft
Price per Sqft $919
MLS Listing ID A11419554
Construction Status New Construction
HOA Y/N No
Year Built 1954
Annual Tax Amount $26,010
Lot Size 0.334 Acres
Property Description
Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
Location
State FL
County Palm Beach
Area 4220
Direction From I-95 proceed east on W Atlantic Ave, make left on NE 6th Ave (North ) to NE 4th Ave, make right and property on right two blocks. Corner of NE 7th Ave and NE 4th Street
Interior
Heating Central,Electric
Cooling Central Air
Flooring Tile
Window Features Impact Glass
Exterior
Waterfront No
Roof Type Shingle
Parking Type Common
Total Parking Spaces 9
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status New Construction
Others
Tax ID 12434616051210270
Ownership Limited Partnership
Security Features Security System,Fenced