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!
Property Type
ResidentialIncomeSubdivision
Town Of Lake Worth (s.west)County
Palm BeachStyle
FourplexAD ID
50021005
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Property Details
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Interior Features
Interior Features
- Roof: Other
Roofing Information
- Other
Flooring Information
- CeramicTile
Heating & Cooling
- Heating: Central
- Cooling: CentralAir
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Exterior Features
Building Information
- Year Built: 1921
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Property / Lot Details
Lot Information
- Lot Description: LessThanQuarterAcre
Property Information
- Subdivision: LAKE WORTH TOWN OF
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Listing Information
Listing Price Information
- Original List Price: $1050000
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Taxes / Assessments
Tax Information
- Annual Tax: $12847
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 5
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School, Utilities & Location Details
Utility Information
- CableNotAvailable
Location Information
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BuyOwner last updated this listing 06/21/2025 @ 05:16
- MLS: A11734209
- LISTING PROVIDED COURTESY OF: Eric Amsallem, Beachfront Realty Inc
- SOURCE: SEFMIAMI
is a Home, with bedrooms which is for sale, it has 3,000 sqft, 3,000 sized lot, and 0 parking. are nearby neighborhoods.