1401 Division Avenue
West Palm Beach, FL 33401
8894 sqft
Description
Presenting a turnkey 13-unit multifamily property, ideally located in high-growth West Palm Beach. This asset offers a rare opportunity to acquire a fully stabilized, low-maintenance investment.
The property underwent a complete renovation in 2021, featuring new mechanical systems, impact-rated windows and doors, and modern interior finishes throughout. The desirable unit mix consists of five (5) 2-bedroom/1-bath units, seven (7) 1-bedroom/1-bath units, and one (1) studio.
Onsite amenities include a laundry facility and 18 dedicated parking spaces. The property is individually metered for electricity.
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Public Sewer, Public Water, Municipal Water, Separate Meter
- SubdivisionFRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34
- Property SubtypeMultiFamily (5+ Units)
- Property TypeMulti-Family
- ZoningMULTI-FAMILY
- RoofTar/Gravel
- CountyPalm Beach
- Original List Price$2,500,000
- Taxes Annual$32,795
- Cost2500000
- Square Feet8894
- Year Built1913
Location
Legal
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Last Updated: . Source: BMLS
Provided By
Listing Agent: Christopher S. Alexander (#20014850)
Listing Office: Kanga Property Management (#276617660)
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