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Multifamily in Lake Worth Beach, FL 33460Lake Worth Town, 1227 N E St #1
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OFF MARKET
Beds
1,845
SqFt$188
$/SqFtPremium Multifamily
Built in 1963
Balcony
CASH COW ALERT!!! Magnificent opportunity to own a turnkey rental in North Lake Worth just minutes from historical Lake Worth & downtown entertainment on Lake Avenue! This is an investor's dream, occupied by long term tenants that never miss their payments w/ a total of 6 bedrooms and 3 bathrooms. This property is detached into two separate dwellings -- a 4/2 and a 2/1 -- that produces nearly $40,000.00 in yearly income while collecting rent payments well below the market rate with plenty of room to add value and increase rents 20-30%. Roof was installed in 2017 and A/C is less than 5 years old, and is completely FHA/VA APPROVED. Lake Worth represents one of the fastest growing cities in all of Palm Beach county -- Buy this well-located property today and start collecting rent from day 1!
MLS Number: F10248073
On Site: 2199 Days
Updated: 233 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1963
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2020-09-09T20:00:00.000-00:00
Taxes, Fees & More
- Taxes: 6632
- Real Estate Taxes: 238041
- Total Floors in Building: 1
- Total Units in Complex: 22
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/15/2021
Listed
$346K
$188 ft2
$2,019 m2
11/15/2021
$346K
Event
Listed
Price Per
$188 ft2
$2,019 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Compton Harris PA • Homeinc Realty LLC • Buyer Agency Compensation .
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Scores
67
100
95
100
73
100
1
100
34
100
8
100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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