This Multifamily Property is For Sale.

618 SE 4th St
Delray Beach, FL 33483 ·

17 Units · Multifamily For Sale

$2,134,800

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Investment Opportunity Multi Family Units E of I95

Price $2,134,800 Commission Split 3%
No. Units 17 Cap Rate 8%
Building Size 14,003 SF Gross Rent Multiplier 9
Price/Unit $125,576.47 No. Stories 1
Property Type Multifamily Lot Size 1.25 AC
Property Sub-type Garden/Low-Rise APN / Parcel ID 12-43-46-21-01-001-0094
Property Use Type Investment
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Listing ID: 19335513 Date Created: 07/17/2015 Last Updated: 07/11/2017

Description

Portfolio of 7 multifamily properties 6 properties in East Delray Beach. 1 in East Boynton Beach.
618 SE 4th Ave, Delray Beach, FL 33483 PCN No: 12-43-46-21-01-007-0050, 3 units.

112 / 112.5 SW 8th Ave, Delray Beach, FL 33444 PCN No: 12-43-46-17-38-000-0391 and 12-43-46-17-38-000-0392, 2 units.

34-36 SW 10th Ave, Delray Beach, FL 33444 PCN No: 12-43-46-17-23-008-0260, 2 units.

201 SW 11th Ave, Delray Beach, FL 33444 PCN No: 12-43-46-17-23-010-0010, 1 unit.

238-240 SW 12th Ave, Delray Beach, FL 33444 PCN No: 12-43-46-17-18-004-0220, 2 units.

305 SW 12th Ave, Delray Beach, FL 33444 PCN No: 12-43-46-17-21-000-0190, 1 unit.

611 NE 10th Ave, Boynton Beach, FL 33435 PCN No: 08-43-45-21-32-002-0190, 6 units.

All properties located East of I-95

Highlights

  • Great investment opportunity with a 100% occupancy rate. Total of 17 units available.
  • 6 of the properties are in East Delray Beach & 1in East Boynton Beach
  • Delray Bch properties walking distance to over 10 coffee shops, 120 restaurants & shops.
  • Owned & well maintained by a General Contractor. All properties are East of I95.
  • Brand New Fairfield Inn & Suites is only a few blocks away from Delray Bch. properties.
  • Boynton Beach property is east I95 & East of Federal Hwy & walking distance to the Intracoastal Waterway.

Research

618 SE 4th St, Delray Beach, FL 33483 (Palm Beach County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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