601 W Avenue A Pending

Belle Glade,FL 33430

$ 550000

- Bed

0 Bath

5328 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,328 sqft

Price per Sqft $103

Subdivision Royal Palm

MLS Listing ID A11274607

Year Built 1956

Annual Tax Amount $6,262

Tax Year 2021

Property Description

This is a residential income property that is currently vacant. The property is ready to be renovated as a 24 efficiency units, from its prior design of being a 32 single room occupancy. Architectural plans are available upon request. The property"s potential monthly gross rents, after being renovated, are $13,200.00 (24 x $550). To view property call or email agent. This property is part of a real estate portfolio that includes 406 SW Avenue C Place (28 single units room fully occupied price separately at $650,000.00), and 625 W Avenue A (12 one bedroom units mostly occupied price separately at $725,000.00). The whole portfolio is for sale as a package deal.The property includes the land lot next to it, where a similar building was and demolished.

Location

State FL

County Palm Beach

Community Royal Palm

Area 4330

Interior

Heating None

Cooling None

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Tar/Gravel

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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