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Wade M. Berlin

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  4. 910 L 1 Street S 1 -2 -3, Lake Worth, FL 33460
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910 L 1 Street S 1 -2 -3
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PRICED AT ONLY: $750,000

Address: 910 L 1 Street S 1 -2 -3, Lake Worth, FL 33460

Description

Turnkey Triplex High Yield Investment in Lake Worth Beach910 South L Street, Lake Worth Beach, FLPrime income producing property with long term leases in place. This well maintained triplex offers an immediate cash flow opportunity with below market rents, providing room for increased return on investment upon lease renewal. Located in the high demand rental market of Lake Worth Beach, this property is ideal for investors seeking stability, appreciation, and minimal vacancy risk.**Unit 1: 2 Bed / 1 Bath $2,000/month (Washer/Dryer Hookups) Lease Ends 7/31/ 2025**Unit 2: 1 Bed / 1 Bath $1,600/month Lease Ends 11/30/2025**Unit 3: 2 Bed / 2 Bath $1,750/month (Washer/Dryer Hookups) Lease Ends 10/31/ 2025Monthly Rental Income: $5,350 Annual Gross Income: $64,200

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  • MLS#: RX-11070751 ( Triplex )
  • Street Address: 910 L 1 Street S 1 -2 -3
  • Viewed: 13
  • Price: $750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 0
  • Days On Market: 183

Description

Turnkey Triplex High Yield Investment in Lake Worth Beach910 South L Street, Lake Worth Beach, FLPrime income producing property with long term leases in place. This well maintained triplex offers an immediate cash flow opportunity with below market rents, providing room for increased return on investment upon lease renewal. Located in the high demand rental market of Lake Worth Beach, this property is ideal for investors seeking stability, appreciation, and minimal vacancy risk.**Unit 1: 2 Bed / 1 Bath $2,000/month (Washer/Dryer Hookups) Lease Ends 7/31/ 2025**Unit 2: 1 Bed / 1 Bath $1,600/month Lease Ends 11/30/2025**Unit 3: 2 Bed / 2 Bath $1,750/month (Washer/Dryer Hookups) Lease Ends 10/31/ 2025Monthly Rental Income: $5,350 Annual Gross Income: $64,200
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Features
Building and Construction
  • Absolute Longitude: 80.05496
  • Construction: CBS
  • Exterior Features: Open Patio
  • Flooring: Carpet, Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 2460.00
  • Total Building Sqft: 2376.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre
  • Lot Dimensions: 50.0 ft x 135.0 ft
  • Subdivision Information: Courtesy Bus
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Lake Worth Drain Dis, Public Sewer, Public Water
  • Window Treatments: Jalousie
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 17400.00
  • Income Expenses Annual Total Expense: 9000.00
  • Income Expenses Gross Operating Inc: 26400.00
  • Source Of Expenses: Other
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Info: None
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LT 6 BLK 28
  • Parcel Id: 38434427010280060
  • Possession: At Closing, Funding
  • Special Assessment: No
  • Unit Number: 1 -2 -3
  • Views: 13
  • Zoning: SF-R(c
Nearby Subdivisions
Bryant Park   Lake Worth Town   Lake Worth Town Of   Lake Worth Town Of Add 1  
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