513-515 47th ST Active

West Palm Beach,FL 33407

$ 2288000

- Bed

5 Baths

2625 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,625 sqft

Price per Sqft $871

Subdivision North Palm Bch 1

MLS Listing ID RX-11022418

Year Built 1942

Annual Tax Amount $8,017

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

FULLY RENOVATED, 5 UNITS, within 3 SEPARATE BUILDINGS less than two blocks from the intercostal! All new inside and out. Interior has all new vinyl wood flooring, tile, modern kitchens and bathrooms in each unit. All units have Laundry hookups, except studio. New siding/sheathing & moisture barrier, 2 new roofs plus a metal roof, new doors and impact windows. All separate utilities with 5 electric meters, and separate water heaters. Three total buildings: 3 - two bedroom units (includes 2 bedroom separate home); 1 - one bedroom unit (upstairs), and 1 - separate studio unit. All necessary construction permits obtained. Minimum projected rents of $134-146k gross income.

Location

State FL

County Palm Beach

Area 5420

Zoning SF7(ci

Interior

Heating No Heat

Cooling Wall-Win A/C

Flooring Tile,Vinyl Floor

Fireplaces Type None

Exterior

Utilities Available Electric,Public Sewer,Public Water

Roof Type Fiberglass,Metal

Building

Story 100.00

Foundation Woodside

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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