• Broker Margaret Zahner 3863286716

211 S US Highway 17

4 Unit Apartment Building $569,900 ($142,475/Unit) East Palatka, FL 32131

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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 - -

ZONING

Zoning Code C-2 (Commercial, General, Light)

Map of 211 S US Highway 17 East Palatka, FL 32131

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