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394 SE 5th Avenue

Delray Beach, FL 33483
  • $3,450,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: RX-10756461
UPDATED: 63 min ago
$3,450,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,907
    SQFT
  • $1,187
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Outstanding investment opportunity to own 3 income producing rental properties !or Owner can live in 1 and rent out the other two units. On US1 ... just 3 blocks South of Atlantic Ave and its world class restaurants and shopping.

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www.ewm.com/homes/122997133
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394 SE 5th Avenue Delray Beach, FL 33483

  • Price: $3,450,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 63 min ago
  • MLS #: RX-10756461
0
Beds
0
Baths
0
½ Baths
0.31
Acres
2,907
SQFT
$1,187
$/SQFT
1930
Built
Neighborhood:
Osceola Park
County:
Palm Beach
Area:
Delray Beach
Property Description
Outstanding investment opportunity to own 3 income producing rental properties !or Owner can live in 1 and rent out the other two units. On US1 ... just 3 blocks South of Atlantic Ave and its world class restaurants and shopping.
Exterior Features

Carport Spaces 7.00 Construction CbsConcreteMixed Exterior Features None Lot Description 1/4 To 1/2 Acre Private Pool YN No Roof Comp ShingleFlat Tile Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Ceramic Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C Unit Unit1 Full Baths 2 Unit1 Furnished Yes Unit1 Sq Ft 1226 Unit2 Desc A/C Unit Unit2 Full Baths 2 Unit2 Furnished Yes Unit2 Info Efficiency Unit2 Sq Ft 1396 Unit3 Bedrooms 2 Unit3 Full Baths 2 Unit3 Furnished Yes Unit3 Sq Ft 528 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 143776.00 Annual Total Expenses 18224.00 Auction No Available Info Leases Built Desc Resale Gated Community No Gross Operating Income 162000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 3169.00 Subdivision Amenities None Tax Amount 17710.90 Tax Year 2020 Taxes City/County Tenant Pays None Terms Considered CashConventional Unit1 Monthly Income 3000.00 Unit2 Monthly Income 4500.00 Unit3 Monthly Income 6000.00 Unit4 Monthly Income 0.00 Utilities Public SewerPublic Water Zoning Cbd(Ci

Listing provided courtesy of Chris Lowry Realty Services. Listing information © 2021 BeachesMLS
 
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