PRICED AT ONLY: $1,350,000
Address: Address Not Provided
Description
Renovated quadplex featuring four spacious 2 bedroom, 2 bath units each approximately 1,200 square feet. The property consists of two concrete block duplex buildings on nearly third of acre with newer roofs, impact windows and doors, and updated interiors. Each unit includes washer/dryer or possibility of hook up and separate electric/water meters.Located just minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers exceptional rental upside in a high demand neighborhood.Features:~4,800 Total Sq Ft Concrete block constructionNew roofs (2022)Impact windows & doors throughoutAmple off street parkingSeparately metered electric/waterPotential market rent: $2,300+/month per unit offered at 5.75% cap rate.
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- MLS#: RX-11116432 ( Quad Plex )
- Street Address: Address Not Provided
- Viewed: 1
- Price: $1,350,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1981
- Bldg sqft: 0
- Days On Market: 41
- Additional Information
- Geolocation: 26.6044 / -80.0535
- County: PALM BEACH
- City: Lake Worth Beach
- Zipcode: 33460
- Subdivision: Lake Worth Town Of Add 1
- Provided by: Highland Realty Advisors LLC
- Contact: Robert M Miller
- (561) 307-2452
- DMCA Notice
Features
Building and Construction
- Absolute Longitude: 80.053522
- Construction: CBS
- Exterior Features: None
- Flooring: Ceramic Tile
- Roof: Comp Shingle
- Sqft Source: Tax Rolls
- Sqft Total: 4800.00
- Total Building Sqft: 4800.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: 1/4 to 1/2 Acre
- Lot Dimensions: 100.0 ft x 135.0 ft
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection Impact Glass: Complete
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: Central
- Heating: Central
- Number Of Stories: 1.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: Yes
- Utilities: 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: 76300.00
- Income Expenses Annual Total Expense: 30500.00
- Income Expenses Gross Operating Inc: 106800.00
- Source Of Expenses: Proforma
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable, Electric, Water
Other Features
- Avail Info: Leases
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: LAKE WORTH TOWN OF ADD 1 LTS 11 & 12 BLK 29
- Parcel Id: 38434427010290110
- Possession: At Closing
- Special Assessment: No
- 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
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
