1401 Division Ave ,Income Non-waterfront, Apartments for Sale & Rent

1401 Division Ave for Sale & Rent

Price $3,249,000.00

  • Lot size 26741
  • Year Build 1913
  • Waterfront
  • Zip 33401
  • Style
  • Parking Description Common
  • Pool Yes
  • Status Active
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Description

Historic 13 unit Multifamily Site situated in Palm Beach County, Florida with strong population migration patterns. Six 2 bed 1 bath, Six 1 bed 1 bath and One Studio. Complete interior renovation in 2021 with brand new mechanicals, impact windows, doors, and all new interiors. 100% Turnkey Occupancy with room for rent increases. Onsite laundry, 18 parking spaces. Individual electrical meters, house water meter with possible utility reimbursement upside.

See Offering Memorandum. Call Agent to schedule a private showing. 3D Virtual Floorplan Walkthrough available.

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

Corner Lot

Historic 13 unit Multifamily Site situated in Palm Beach County, Florida with strong population migration patterns. Six 2 bed 1 bath, Six 1 bed 1 bath and One Studio. Complete interior renovation in 2021 with brand new mechanicals, impact windows, doors, and all new interiors. 100% Turnkey Occupancy with room for rent increases. Onsite laundry, 18 parking spaces. Individual electrical meters, house water meter with possible utility reimbursement upside.

City:West Palm Beach,Zoning:MF14 (ci,Cooling:1:Central Individual A/C,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Latitude:26.7257945,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,List Price:3249000,Listing Id:A11220635,Longitude:-80.0595388,Mls Status:Active,Ownership:Corporation,Year Built:1913,Inclusions:Building & Land,Postal Code:33401,Street Name:Division Ave,Coordinates:1:26.7257945,Gross Income:222180,Photos Count:30,Building Name:The Place at 1401 Division,Days On Market:206,Listing Terms:1:Cash,2:Conventional/Refinance,Lot Size Acres:0.6139,Lot Size Units:Square Feet,On Market Date:2022-06-11,Other Expense:11200,Parcel Number:74434316020340110,Property Type:Commercial Sale,Stories Total:2,Street Number:1401,Trash Expense:6000,Public Remarks:Historic 13 unit Multifamily Site situated in Palm Beach County, Florida with strong population migration patterns. Six 2 bed 1 bath, Six 1 bed 1 bath and One Studio. Complete interior renovation in 2021 with brand new mechanicals, impact windows, doors, and all new interiors. 100% Turnkey Occupancy with room for rent increases. Onsite laundry, 18 parking spaces. Individual electrical meters, house water meter with possible utility reimbursement upside.,County Or Parish:Palm Beach County,Expiration Date:2023-05-31,List Office Name:Anton Agency of Florida,Manager Expense:17774,Private Remarks:See Offering Memorandum. Call Agent to schedule a private showing. 3D Virtual Floorplan Walkthrough available.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:9592,Postal Code Plus4:2566,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:9592,Unparsed Address:1401 Division Ave, West Palm Beach FL 33401,Building Features:1:Laundry Facilities,2:Lawn Sprinkler-City Water,Insurance Expense:10000,Listing Agreement:Exclusive Right To Sell,Operating Expense:59766,Security Features:1:Smoke Detector(s),2:Security Fence,3:Security Gate,4:Security Lights,Year Built Details:Unknown,Building Area Total:8894,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Dimensions:254.68x105,Lot Size Square Feet:26741,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:3249000,Documents Available:1:Financial Statement,2:Investment Analysis,3:Copy Of Lease(S),4:Rent Rolls,5:Site Plans,6:Existing Survey,I D X Participation Y N:1,Maintenance Expense:5000,Net Operating Income:162414,Syndication Remarks:Historic 13 unit Multifamily Site situated in Palm Beach County, Florida with strong population migration patterns. Six 2 bed 1 bath, Six 1 bed 1 bath and One Studio. Complete interior renovation in 2021 with brand new mechanicals, impact windows, doors, and all new interiors. 100% Turnkey Occupancy with room for rent increases. Onsite laundry, 18 parking spaces. Individual electrical meters, house water meter with possible utility reimbursement upside.,Listing Contract Date:2022-06-11,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Call Listing Agent,Street Number Numeric:1401,Tax Legal Description:FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34,Electric On Property Y N:1,Gross Scheduled Income:222180,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Virtual Tour U R L Unbranded:www.francisconzeledon.com,Contract Status Change Date:2022-06-11,Internet Address Display Y N:1,Number Of Units In Community:13,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $3,249,000.00
  • Price Change: 2022-06-11
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1913
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description Common
  • Flooring Type Ceramic Floor
  • Property Type Commercial Sale
  • Status Active
  • Listed 2022-06-11
  • Days on Market 239
  • Furnished
  • City West Palm Beach
  • Zip 33401
  • State Florida
  • Subdivision
  • Development Name The Place At 1401 Division
  • HOA Fees
  • Taxes 9592
  • Taxes Year 2021