$400,000
$449,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
2,062 SqFt
SOLD DATE : 12/31/2020
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,062 sqft
Price per Sqft $193
Subdivision Southridge
MLS Listing ID F10252730
Sold Date 12/31/20
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $4,960
Tax Year 2020
Property Description
Excellent Investment Opportunity in Highly Desired East Delray Beach!! Minutes to the Beach and Atlantic Ave. The Property consists of 3 Units and is Fully Rented. Improvements include new exterior Electric Boxes, Upgraded Plumbing, Silicon Roof Reinforcement. The Upper Unit has been completely Updated with New Waterproof Floors throughout, New Paint, New Kitchen! Gross Annual Income $55,800, Less Taxes $4960, Less Insurance $8100, Less Utilities $4800..Net Operating Income $38,000. Seller will credit the buyer $15,000 for Hurricane Windows, this will reduce the Insurance Cost approx. $1500 per year. Rare Find for 3 Units at this Price in this Location! Call LA with any Questions...Please do not disturb Tenants, call for appointment.
Location
State FL
County Palm Beach County
Area Palm Beach 4220A; 4230B; 4360A; 4370B
Zoning R-1-A
Interior
Heating No Heat
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Laminate, Tile Floors, Wood Floors
Exterior
Exterior Feature Laundry Facility
Water Access N
Roof Type Tar & Gravel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Frame With Stucco
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Intertrust Realty Corp.
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