Multifamily in West Palm Beach, FL 33401Grovedale Park, 1709 Mercer Ave
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Closed
$465,000
2,365
SqFtStatus
Sold - Dec 16, 2021
Size
2,365 SqFt (220 m2)
Price
$197/SqFt ($2,116/m2)
Type
Multifamily
Built
1925
MLS Number
R10745792
View
City
On Site
1825 Days
Updated
39 Days ago
Page Views
0
Excellent chance for value add! Priced to sell, 4 units; two have remodeled bathrooms, roof recently recoated, and exterior recently painted, new parking lot with 7 spaces. Needs to be remodeled and rents increased accordingly, All month to month leases. So there is a great chance to get started on upgrading and collect some rent in the processs. Tenants in place are unaware of the sale, so please do not disturb them, All sizes estimated by owner and may not be accurate. Buyer should do their own measuring. next door to the brand new rental community of Mercer Park.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: None
- View: City
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Carpet,CeramicTile
- Year Built: 1925
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2021-09-15T18:00:48.000-00:00
Taxes, Fees & More
- Taxes: 7332.72
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/25/2021
Listed
$465K
 $197 ft2
$2,116 m2
10/25/2021
$465K
Event
Listed
Price Per
$197 ft2
$2,116 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kim Black • Trio Real Estate • Buyer Agency Compensation .
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Scores
69
100
32
100
57
100
75
100
3
100
34
100
2
100
Community Snapshot
$795K – $795K
Price Tier
928 - 2,365
SqFt Range
1940
Year Build
1
Total Floors
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