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Wade M. Berlin

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PRICED AT ONLY: $480,000

Address: Address Not Provided

Description

Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.

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Virtual Tour
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  • MLS#: RX-11080470 ( Duplex )
  • Street Address: Address Not Provided
  • Viewed: 9
  • Price: $480,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 170

Description

Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.
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Features
Building and Construction
  • Absolute Longitude: 80.054649
  • Construction: CBS, Concrete
  • Exterior Features: Room for Pool, Shutters
  • Flooring: Ceramic Tile
  • Roof: Tar/Gravel
  • Sqft Source: Tax Rolls
  • Sqft Total: 1318.00
  • Total Building Sqft: 1246.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 50.0 ft x 135.0 ft
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Accordion Shutters: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Electric
  • Heating: Other
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Cable, Gas Natural, Public Sewer, Public Water
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 35617.00
  • Income Expenses Annual Total Expense: 18083.00
  • Income Expenses Gross Operating Inc: 53700.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Info: Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LT 16 BLK 55
  • Spa: No
  • Parcel Id: 38434427010550160
  • Special Assessment: No
  • Special Info: Sold As-Is
  • View: Other
  • Zoning: SF-R(c
Nearby Subdivisions
Bryant Park   Lake Worth   Lake Worth Heights   Lake Worth Town   Lake Worth Town Add 01   Lake Worth Town Of   Lake Worth Town Of Add 1   Lakeview Heights Add 3   North Lake Worth   Osborne Add Amnd   Palm Bch Farms Co Townsit   Palm Beach Farms Co #2 Lu   Parkview Heights   S/d Of 21-44-43, W 1/2 In   Town Of Lake Worth   Town Of Lake Worth Lts 28 & 29   Townsite Apts Six Condo   Trumam  
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Contact Info

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Wade M. Berlin

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