Exceptional Opportunity To Acquire A 10,000 Sf, 8-unit Multifamily Property In The Highly Desirable Lake Park Area, Just Minutes From Vibrant Downtown West Palm Beach And The Intracoastal. Featuring 7- 3 Bedroom/2 Bathroom And 1- 2 Bedroom/1 Bathroom Apartments, This Concrete Block Construction Building Has Been Fully Renovated, With Updated Interiors, Modern Finishes, Units Separately Metered, Central Ac And A Brand-new Roof (2025). Amenities Include On-site Laundry, 12 Dedicated Parking Spaces, And Strong Tenant Appeal. With A Net Income Of $154,000 And Priced At Under $260 Per Sf, This Asset Offers Both Solid Cash Flow And Long-term Appreciation Potential.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
Heating Description: Central
Cooling Description: CentralAir
Building and Construction
Floor Description: Vinyl
Year Built: 1963
Year Built Description: Effective Year Built
Style: Fourplex
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-08-13T20:13:47.000-00:00
Taxes, Fees & More
Taxes: 28606
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