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Multifamily in Delray Beach, FL 33444Southridge, 217 Southridge Rd
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Closed
Beds
2,062
SqFt$194
$/SqFtSold - Dec 31, 2020
Mid-Tier Multifamily
Built in 1930
Excellent Investment Opportunity in Highly Desired East Delray Beach!! Minutes to the Beach and Atlantic Ave. The Property consists of 3 Units and is Fully Rented. Improvements include new exterior Electric Boxes, Upgraded Plumbing, Silicon Roof Reinforcement. The Upper Unit has been completely Updated with New Waterproof Floors throughout, New Paint, New Kitchen! Gross Annual Income $55,800, Less Taxes $4960, Less Insurance $8100, Less Utilities $4800..Net Operating Income $38,000. Seller will credit the buyer $15,000 for Hurricane Windows, this will reduce the Insurance Cost approx. $1500 per year. Rare Find for 3 Units at this Price in this Location! Call LA with any Questions...Please do not disturb Tenants, call for appointment.
MLS Number: F10252730
On Site: 2176 Days
Updated: 43 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None,SeparateMeters
- Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Laminate,Tile,Wood
- Year Built: 1930
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2020-10-08T10:28:28.000-00:00
Taxes, Fees & More
- Maintenance Includes: Electricity,Water
- Taxes: 4960
- Total Floors in Building: 2
- Total Units in Building: 3
- Total Units in Complex: 3
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/08/2020
Listed
$400K
$194 ft2
$2,088 m2
10/08/2020
$400K
Event
Listed
Price Per
$194 ft2
$2,088 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Tim Schirripa • Coldwell Banker Realty • Buyer Agency Compensation .
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Scores
66
100
64
100
78
100
0
100
27
100
1
100
Community Snapshot
3 – 4 BR
Bedrooms
$620K – $1.1M
Price Tier
924 - 2,704
SqFt Range
1984
Year Build
2
Total Floors
Subdivision Amenities
None
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