Basic Information

  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex DELL PARK
  • Year Built 1969
  • Total Sqft 6,779
  • Date Listed 11/28/2023
  • Days on Market 79
Description

Delray Drift is an 8 Unit multifamily located minutes from downtown Atlantic Avenue and beaches. The property is comprised of 42br1ba and 41 br1br housed in two buildings, with coin operated laundry, impact windows, central ac, off street tenant parking, and loungepatio for tenants enjoyment. Rents are currently below market, with 3 units on mtm. 11 should be 2200 +- and 2br 2500 +- per the high demand and pricing of downtown Delray Beach. Great opportunity to raise rents with no differed maintnance or capex needed to achieve market rate. PLEASE SEE ATTACHMENTS FOR OFFERING PACKAGE

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 6,779Sq.Ft
  • Cooling Description Central Air
  • Floor Description Tile, Vinyl
  • Heating Description Central
  • Sqft 6,779 Sq.Ft

Property Features

  • Address 242 NE 12th St
  • Aprox. Lot Size 6,779
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, Item1031 Exchange
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info DELL PARK
  • Tax Amount $51,369
  • Tax Legal desc DELL PARK LOTS 10 11 BLK 5
  • Tax Year 2023
  • Terms Considered Cash, Conventional, Item1031 Exchange
  • Type of Property Quadruplex

242 NE 12th St

Delray Beach, FL 33444

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ONE Commercial LLC. tel: 305-666-0562

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