PROPERTY 1401 Division Avenue, West Palm Beach, FL 33401, MLS#RX-11123079

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PRICED AT ONLY: $2,500,000

Address: 1401 Division Avenue, West Palm Beach, FL 33401

Description

Presenting a turnkey 13 unit multifamily property, ideally located in high growth West Palm Beach. This asset offers a rare opportunity to acquire a fully stabilized, low maintenance investment.The property underwent a complete renovation in 2021, featuring new mechanical systems, impact rated windows and doors, and modern interior finishes throughout. The desirable unit mix consists of five (5) 2 bedroom/1 bath units, seven (7) 1 bedroom/1 bath units, and one (1) studio.Onsite amenities include a laundry facility and 18 dedicated parking spaces. The property is individually metered for electricity.

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Description

Features

Bedrooms / Bathrooms

Num Toilets: 13

Building and Construction

Absolute Longitude: 80.059605

Construction: CBS, Stucco

Flooring: Ceramic Tile

Roof: Tar/Gravel

Sqft Source: Tax Rolls

Total Number Of Units: 13

Total Building Sqft: 8894.00

Type Of Building: Resident. Multi-Fam.

Property Information

Property Desc: MULTI-FAMILY 10 OR M

Property Group Id: 19990816212135227274000000

Eco-Communities

Waterfront Details: None

Utilities

Air Conditioned: 100.00

Cooling: Central

Fire Protect: Smoke Alarm

Heating: Central

Number Of Meters: 14.00

Num Of Stories: 2.0

Utilities: Cable, Electric, Municipal Water, Public Sewer, Public Water, Separate Meter

Finance and Tax Information

Expenses R E Taxes: 32795.47

Tax Year: 2024

Rental Information

Tenant Pays: Cable, Electric, Water

Other Features

Avail Docs: None

Avail Info: Full Financials

Country: United States

Legal Desc: FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34

Location: City

Parcel Id: 74434316020340110

Possession: At Closing, Funding

Sale Includes: Building and Land

Use: Other

Zoning: MULTI-FAMILY

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