Bought with Douglas Elliman (Palm Beach)
$1,650,000
$1,900,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
12 Baths
6,368 SqFt
SOLD DATE : 05/16/2023
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 6,368 sqft
Price per Sqft $259
Subdivision Wenonah Place
MLS Listing ID RX-10879278
Sold Date 05/16/23
Construction Status Resale
Abv Grd Liv Area 20
Year Built 1956
Annual Tax Amount $23,196
Tax Year 2022
Lot Size 0.390 Acres
Property Description
EXCELLENT INVESTMENT OPPORTUNITY in an AMAZING LOCATION!! 12 unit complex located in the Beautiful HISTORIC DISTRICT in West Palm Beach! This prime location is 2 blocks from the Intracoastal and less than 5 minutes to the beach! All 12 units are 100% rented with leases in place. Property consists of : One - 2/1 unit and Eleven - 1/1 units. Great opportunity for rental increases! NEW ROOFS and Landscape installation happening soon!! Property address includes buildings 243, 243-A and 247.
Location
State FL
County Palm Beach
Area 5440
Zoning MF20(c
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Carpet, Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Public Water, Electric
Waterfront No
Roof Type Comp Rolled
Building
Story 100.00
Foundation CBS, Stucco
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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