173 SE 5th Avenue, Delray Beach, FL 33483

$2,125,000
2,858
SqFt
List Price
$2,125,000
Price Change
▼ $24,000 1581045904
MLS#
RX-10576229
Sq. Ft
2,858
Lot Size
7,626
Subtype
Quad Plex
County
Palm Beach
Community
Delray Town Of
Subdivision
Delray Town Of
Year Built
1946

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

Additional Information

Building No
No
Carport
9
Hoa
Yes
Status Label
ACTIVE
Total Unitsin Bldg
9
Construction
CBS
Cooling
Central, Wall-Win A/C
Exterior Feature
Fence, Open Patio, Open Porch
Flooring
Carpet, Terrazzo Floor, Wood Floor
Heating
No Heat
Lot Description
< 1/4 Acre, 1/4 to 1/2 Acre, East of US-1, Interior Lot, Public Road, Sidewalks, Treed Lot
Roof
Built-Up, Flat Tile, Tar/Gravel
Window Treatment
Hurricane Windows
Taxes
$34,451
Waterfront
None
Total Op Expenses
47690
Total Unitsin Bldg
9
Roofing
Built-Up, Flat Tile, Tar/Gravel
Utility
Cable, Electric, Public Sewer, Public Water
Acres
0.175068870523
Price Per Acre
32387731.2
Price Per Sqft
$743

Mortgage Calculator

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