1620 Avenue E West Palm Beach FL 33404 MLS #RX-10451867

1620 Avenue E
West Palm Beach, FL, 33404
$1,100,000
Beds
0 Baths
SqFt
0.31 Acres
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Investment Property in the path of progress. The property has undergone extensive renovations, including Brand New Roof, Central HVAC, Interior Tile, exterior facade, Hurricane / Accordion Security Shutters and much more. Building consists of 5 units, all of which are leased to small churches. There is a waiting list to get into this property.*** OWNER IS A BROKER AND IS WILLING TO CONTINUE DOING MANAGEMENT AND LEASING FOR NEW BUYER. NOI is $52,780Full price offers only…. 6% CAP

Property Details

Price:
$1,100,000
MLS #:
RX-10451867
Status:
Active
Baths:
0
Address:
1620 Avenue E
Type:
Commercial
Subtype:
Industrial
Subdivision:
INLET GROVE IN PB 6 P 87 & PB 8 P 14
City:
West Palm Beach
Listed Date:
Jul 30, 2018
State:
FL
ZIP:
33404
Lot Size:
13,503 sqft / 0.31 acres (approx)
Year Built:
1966
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Michael Cuevas

Michael Cuevas

Broker Owner

Phone 561 578-2320

Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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Schools

Interior

Cooling
Central Individual, Electric
Flooring
Tile
For Lease
Yes
Heating
Central Individual, Electric

Exterior

% Air Conditioned
100.00
Construction
Block, C B S, Concrete
Min Lease Months
36.00
Roof
Built- Up
Security
Security Light

Financial

Net Operating Income
$43,500
Utilities
1-100 Amp, Cable, Electric, Municipal Water, Separate Meter

Map

Community

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Listing courtesy of H. Alan Welles Real Est, LLC, (561)–744–8900

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-22.
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1620 Avenue E
West Palm Beach, FL