Apartment Building For Sale
$1,469,000
1211 NE 8th Avenue
Delray Beach, Florida, United States
8bd 8ba 3,132 sqft
Year Built: 1955
Listed By: Coldwell Banker
Listed On: 10/09/2023
Listing ID: GL3617156
Description
Beautifully renovated (inside and out) 8-plex residential income property in the Kenmont subdivision of northeast Delray Beach, FL. 4-1BR units, 4 efficiency units. Large shed on the property houses coin-op laundry facility and storage space. ** 100% tenant-occupied. Strong rent roll and occupancy with potential for income growth. ** ** High-quality artificial turf in front of building, brick pavers surrounding perimeter. ** ** Double storm protection around entire building - impact windows + hurricane shutters. ** ** High-efficiency AC/heating units installed in every rental unit. ** ** High-efficiency L.E.D. lighting fixtures installed throughout building interior and exterior. ** ** Camera security system. ** ** Ideally located 1/4 mile from the Intracoastal waterway. Just over 1 mile to the ocean beach. Easy access to shopping and trendy Atlantic Avenue in downtown Delray Beach via FREE "Downtowner" electric shuttle ride.
