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$550,000
Est. payment /mo
5,328 SqFt
UPDATED:
09/30/2024 09:39 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,328 sqft
Price per Sqft $103
Subdivision Royal Palm
MLS Listing ID A11274607
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $6,262
Tax Year 2021
Contingent Other
Property Description
This is a residential income property that is currently vacant. The property is ready to be renovated as a 24 efficiency units, from its prior design of being a 32 single room occupancy. Architectural plans are available upon request. The property"s potential monthly gross rents, after being renovated, are $13,200.00 (24 x $550). To view property call or email agent. This property is part of a real estate portfolio that includes 406 SW Avenue C Place (28 single units room fully occupied price separately at $650,000.00), and 625 W Avenue A (12 one bedroom units mostly occupied price separately at $725,000.00). The whole portfolio is for sale as a package deal.The property includes the land lot next to it, where a similar building was and demolished.
Location
State FL
County Palm Beach
Community Royal Palm
Area 4330
Interior
Heating None
Cooling None
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Tar/Gravel
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 04374331240000760
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Pointer Real Estate, LLC
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