Bought with Illustrated Properties
$760,000
$799,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
1,968 SqFt
SOLD DATE : 12/11/2023
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $386
Subdivision Town Of Delray Beach
MLS Listing ID RX-10927352
Sold Date 12/11/23
Bedrooms 6
Full Baths 5
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $5,322
Tax Year 2023
Lot Size 6,717 Sqft
Property Description
Attention savvy investors! This multi family property comes with one current lease in place for all 5 units. The 5 units include an efficiency, 2 2/1 & 2 1/1. Located within close proximity of Atlantic Avenue in East Delray has a cap rate of over 7% giving the buyer a healthy return on their investment.
Location
State FL
County Palm Beach
Area 4470
Zoning RM(cit
Interior
Heating Other
Cooling Ceiling Fan, Wall-Win A/C
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Fence, Open Patio
Community Features Sold As-Is
Utilities Available Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden, Other
Roof Type Comp Shingle
Present Use Sold As-Is
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Frame, Stucco
Construction Status Resale
Schools
Elementary Schools Pine Grove Elementary School
Middle Schools Carver Community Middle School
High Schools Atlantic High School
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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