Skip To Content
    Return to Previous Page

    1620 Avenue E

    West Palm Beach, FL 33404
    • $750,000
    • STATUS: Active
    • ON SITE: 702 days
    • MLS #: RX-10451867
    $750,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,146
      SQFT
    • $181
      $/SQFT
    Type:
    Commercial
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER.Full price offers only....

    Monthly Payment Calculator

    www.ewm.com/homes/86108571
    Print Image

    1620 Avenue E West Palm Beach, FL 33404

    • Price: $750,000
    • Status: Active
    • MLS #: RX-10451867
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    4,146
    SQFT
    $181
    $/SQFT
    1966
    Built
    Neighborhood:
    Inlet Grove In Pb 6 P 87 & Pb 8 P 14
    County:
    Palm Beach
    Area:
    West Palm Beach
    Property Description
    Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER.Full price offers only....
    Exterior Features

    Bays 5 Construction BlockCbsConcrete Miles To Expressway 3 Roof Built-Up Waterfront YN No

    Interior Features

    Bath Toilets 5.00 Ceiling InsulatedSheet Rock Ceiling Height 12 Cooling Central IndividualElectric Flooring Tile Heating Central IndividualElectric Miscellaneous1 LandscapedNo Lawn Sprinkler Miscellaneous2 Private RestroomPublic RestroomRear AccessTraffic Light Percent Air Conditioned 100.00 Unit1 Half Baths 1 Unit1 Unit Desc Shops

    Property Features

    Available Docs Survey Available Info Copies Of LeaseFull FinancialsOwner ManagedPhotosTitle/ Abstract Built Desc Resale Fire Protection Smoke Detector For Lease Yes For Sale Yes Lease 1-3 Years4-6 Years7-10 YearsAnnualGross Rent List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Airport AccessCityInvestment Maintenance Fee Includes Insurance-BldgMaintenance-ExteriorManagement FeesOther Tenant PaysReal Estate TaxTrash Removal Meters 5.00 Min Lease Months 36.00 Monetary Info Net Oper Income 43500.00 Monetary Info Source Of Expenses Books Monetary Info Vacancy Rate 0.00 Possession At Closing Sale Includes Building And Land Security Security Light Special Info City Jurisdiction Tax Amount Real Estate Taxes 4443.00 Tax Year 2017 Tenant Pays Common Area Maint.ElectricSewerWater Tenants 5 Terms Considered CashConventional Type Of Building CommercialIncomeOffice SpaceOffice/RetailRetailShopping CenterStrip Store Unit1 Ann Rent 13200.00 Unit1 Rent Period Month Unit1 Units 1 Use IncomeProfessional OfficeRetail Utilities 1-100 AmpCableElectricMunicipal WaterSeparate Meter

    Listing provided courtesy of H. Alan Welles Real Est, Llc. Listing information © 2020 BeachesMLS
     
    https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10451867-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10451867-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_1_RX-10451867-2.jpg
    Logo
    Berkshire Hathaway HomeServices EWM Realty
    201 Alhambra Circle #1060
    Coral Gables FL, 33134