173 SE 5th Avenue

    Delray Beach, FL 33483
    • $2,125,000
    • STATUS: Active
    • ON SITE: 149 days
    • ID#: RX-10576229
    UPDATED: 71 min ago
    $2,125,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,858
      SQFT
    • $744
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Prime real estate opportunity right in downtown Delray Beach and Atlantic Avenue! Property consists of Two buildings, 9 units total.(161/173 SE 5th) Total monthly gross income is $11,350/mo. Fully rented, updated kitchens, large one bedrooms and studios, tons of parking in front & back of building, & coin operated laundry. Back alley for parking, entry to building, and trash. Beautiful courtyard next to the buildings. Partial hurricane shutters. One water meter each building and separate electric meters for each unit. In the heart of new development near brand new hotel, retail and iPic movie theater! Don't miss out on this rare opportunity to own a piece of Delray Beach! 161 SE 5th Available for sale separately for $1.150,000. 173 SE 5th only sold as part of both buildings at $2,300,00

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    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-06T00:02:21.82.
    www.westpalmhomesearch.com/homes/100664523

    173 SE 5th Avenue Delray Beach, FL 33483

    • Price: $2,125,000
    • Status: Active
    • Updated: 71 min ago
    • ID#: RX-10576229
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,858
    SQFT
    $744
    $/SQFT
    1946
    Built
    Neighborhood:
    Delray Town Of
    County:
    Palm Beach
    Area:
    Delray Beach
    Property Description
    Prime real estate opportunity right in downtown Delray Beach and Atlantic Avenue! Property consists of Two buildings, 9 units total.(161/173 SE 5th) Total monthly gross income is $11,350/mo. Fully rented, updated kitchens, large one bedrooms and studios, tons of parking in front & back of building, & coin operated laundry. Back alley for parking, entry to building, and trash. Beautiful courtyard next to the buildings. Partial hurricane shutters. One water meter each building and separate electric meters for each unit. In the heart of new development near brand new hotel, retail and iPic movie theater! Don't miss out on this rare opportunity to own a piece of Delray Beach! 161 SE 5th Available for sale separately for $1.150,000. 173 SE 5th only sold as part of both buildings at $2,300,00
    Exterior Features

    Carport Spaces 9.00 Construction Cbs Exterior Features FenceOpen PatioOpen Porch Lot Description < 1/4 Acre1/4 To 1/2 AcreEast Of Us-1Interior LotPublic RoadSidewalksTreed Lot Lot Dimensions 61X125 Private Pool YN No Roof Built-UpFlat TileTar/Gravel Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling CentralWall-Win A/C Flooring CarpetTerrazzo FloorWood Floor Heating No Heat Unit1 Bedrooms 1 Unit1 Desc A/C UnitCathed/Vault CeilingKitchenMicrowaveRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 600 Unit2 Bedrooms 1 Unit2 Desc A/C UnitCathed/Vault CeilingKitchenMicrowaveRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 700 Unit3 Bedrooms 1 Unit3 Desc A/C UnitCathed/Vault CeilingKitchenMicrowaveRange - ElectricRefrigerator Unit3 Furnished No Unit3 Sq Ft 600 Unit4 Bedrooms 1 Unit4 Desc A/C UnitCathed/Vault CeilingMicrowaveRange - ElectricRefrigerator Unit4 Furnished No Unit4 Sq Ft 700 Window Treatments Hurricane Windows

    Property Features

    Annual Net Operating Income 88510.00 Annual Total Expenses 47690.00 Available Info Leases Built Desc Resale Gross Operating Income 136200.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions Tenant Approval Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherProforma Special Info Sold As-Is Sq Ft Total 3162.00 Subdivision Amenities Common LaundrySidewalks Tax Amount 34451.00 Tax Year 2017 Taxes City/County Tenant Pays CableElectric Terms Considered Cash Unit1 Monthly Income 1300.00 Unit2 Monthly Income 1300.00 Unit3 Monthly Income 1400.00 Unit4 Monthly Income 1350.00 Utilities CableElectricPublic SewerPublic Water Zoning Cbd(Ci

    Listing provided courtesy of Posh Properties.

    © 2020 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-04-06T00:02:21.82.
     
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