Basics
| Date added Added 20 hours ago | Category Quadruplex | Type Residential Income | Status Active |
| Area, sq ft 3000 sq ft | Lot size, sq ft 0 sq ft | Year built 1921 | SubdivisionName LAKE WORTH TOWN OF |
| ListOfficeName Beachfront Realty Inc | ListAOR Miami Association of REALTORS® | RentIncludes Sewer | MLS ID A11734209 |
Description
-
Description:
Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591.
Don’t miss this opportunity!
Location
- CountyOrParish: Palm Beach County
Building Details
- Cooling features: Central Air
- ArchitecturalStyle: Attached
- ParkingTotal: 5
- NewConstructionYN: No
- Building Name: LAKE WORTH TOWN OF
- Exterior material: Concrete Block Construction
- Roof: Other
- Heating: Central
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11734209
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No
