211 S US Highway 17
4 Unit Apartment Building $569,900 ($142,475/Unit) East Palatka, FL 32131
INVESTMENT HIGHLIGHTS
- 4-unit apartment within close proximity to Palatka Amtrak (2.8-miles away).
- 2-story low-rise apartment with front and rear entrances.
- Nearby amenities include Dunkin, AutoZone, and Raceway service station.
EXECUTIVE SUMMARY
Great location in East Palatka, just a hop, skip & jump from the intersection of State Rd 207 (leading to St. Augustine) and Highway 17 (leading to Palatka). In a high traffic area. Currently 4 rental units and owner lives in one of the units. Rental units are non-conforming, but zoned C-2 for sale of goods, if someone wanted to use as an antique shop, pet shop, bait & tackle shop, etc. Please verify with Putnam County Building and Zoning. Lot size is approximately 110 x 285.
PROPERTY FACTS
| Price | $569,900 |
| Price Per Unit | $142,475 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 2,272 SF |
| No. Stories | 2 |
| Year Built | 1930 |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 of 1
ZONING
| Zoning Code | C-2 (Commercial, General, Light) |
