Bought with LoKation
$2,505,000
$2,300,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/31/2022
Key Details
Sold Price $2,505,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10789451
Sold Date 05/31/22
Year Built 1985
Tax Year 2021
Property Sub-Type MultiFamily (5+ Units)
Property Description
RARE INVESTMENT opportunity in desirable location in Delray Beach - only 1 1/2 miles to the beach, shopping and restaurants nearby. This bulk purchase includes 13 Condo Units, all in one building (total units in building = 53). All 13 units are rented. However, units have NOT been updated. Rehab, then rent for more or sell with a profit. 6 units are 1/1, 7 units are 2/2. Total sq-ft heated and cooled is 12,752 (taxrolls). Photos to show condition of units. Buyer must be natural person - no LLC, Corp etc.
Location
State FL
County Palm Beach
Area 4480
Zoning condominium
Interior
Heating Central Individual
Cooling Central Individual
Flooring Carpet, Tile
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Other
Building
Story 100.00
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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3200 N Military Trl STE 110, Raton, Florida, 33431, United States