1211 Ne 8th Av #1,2,3,4,5,6,7,8, Delray Beach, 33483

Multi-Unit - Quad Plex For Sale in KENMONT

$1,488,000

2Beds
4Baths
3,132Sqft
.2Acres
1955Built
MLS® #: RX-10523981
Active

In the heart of booming Delray this fully rented and renovated 8 unit building is ready and waiting for you to take it to the next level! 100% occupancy since the current owner bought the property in 2013. This building features four efficiencies and four 1 bedroom units, on site coin operated tenant laundry facility and also has a brand new roof. Located a half mile from downtown Delray and less than a mile to the beach! An already strong rental could be even stronger in comparison to the vacation rentals in the area who charge up to 3 times more based on monthly rentals. This turnkey operation is ready for a new owner. Additionally preliminary 2019 tax records also shows the land alone is worth close to a million dollars.Owner would consider some financing.

Price & Status History

Date Details
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,490,000 to $1,488,000
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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Essential Information

MLS® #: RX-10523981
Price: $1,488,000
Bedrooms: 2
Bathrooms: 4.00
Full Baths: 4
Square Footage: 3,132
Acres: 0.20
Year Built: 1955
Type: Multi-Unit
Sub-Type: Quad Plex
Style: No
Status: Active

Community Information

Address: 1211 Ne 8th Av #1,2,3,4,5,6,7,8
Area: 4220
Subdivision: KENMONT
City: Delray Beach
County: Palm Beach
State: FL
Zip Code: 33483

Amenities

Utilities: Public Water, Cable, Electric Available, Public Sewer
Waterfront: None

Interior

Heating: Central Individual, Electric, Heat Pump-Reverse
Cooling: Ceiling Fan, Central Individual, Electric
# of Stories: 1

Exterior

Exterior Features: Open Patio, Shed, Shutters, Custom Lighting
Lot Description: < 1/4 Acre, Paved Road, Public Road
Windows: Hurricane Windows, Impact Glass
Roof: Comp Shingle
Construction: CBS

Additional Information

Zoning: RL(cit

Listing Details

Listing Office: Multiple Listing Solutions

Financials

$/SqFt: $475

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Listing information last updated on September 21st, 2019 at 7:30pm EDT.