Dan DeMott

Home Source, Inc
561-329-4972

Move-in ready home in East Delray Beach. Fully renovated 4 Bedroom, 2 Bath home features tile floors throughout, upgraded kitchen with wood cabinets, quartz counters and decorative backsplash. Bathrooms have been upgraded as well with new vanities, toilets and shower/tub tile. Brand New Roof being installed this week! Large lot with fully fenced backyard. Located on quiet street behind school.

Dan DeMott

Home Source, Inc
561-329-4972

Turn-Key rental property. Close and Cash Flow Day One!2 Bedroom, 1 Bathroom CBS home with concrete tile roof and original hard-wood floors. They don’t build them like this anymore!Electric panel has been upgraded to 100amp GE panel in 2018, water heater replaced in 2014, wall/window AC units <1 year. LOW MAINTENANCE. Washer and Dryer Hook-Up in detached shed. Tenant pays $1,250 per month and all utilities. Lease expires 8/31/2020. Full security deposit will be transferred to Buyer at closing.Pro Forma Cap Rate of 7.75% (with projected tax increase included); Return on equity as high as 16% with conventional financing.

Dan DeMott

Home Source, Inc
561-329-4972

5-unit multifamily assemblage situated on .61 Acre site with Multifamily – 20 Zoning. Parcel 1 includes a 2 Bedroom, 2 Bath single family house, PLUS a separate duplex featuring two 1 Bed / 1 Bath units. Parcel 2 Features a duplex with a 1 Bed/1 Bath and 2 Bed/2 Bath Unit. 5 Electric meters, and 2 water.Unit interiors have been freshly renovated and property is 100% occupied. Current rent roll of $5,650 per month. 7% cap-rate in-place.Multiple new-construction apartments in vicinity with height and density variances. Excellent opportunity to develop this site for greater density multifamily. Property is comprised of 2 separate parcel IDs, must be purchased together, but possible to finance with residential financing. Contact Listing Agent for pro-forma and support