Multifamily in Lake Worth, FL 334614063 Herbertz Rd
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Closed
$1,620,000
5,880
SqFtStatus
Sold - Mar 14, 2025
Size
5,880 SqFt (546 m2)
Price
$276/SqFt ($2,966/m2)
Type
Multifamily
Built
1979
MLS Number
R10997031
View
Garden
On Site
818 Days
Updated
3 Days ago
Page Views
0
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: None
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Laminate,Tile
- Construction Type: Duplex
- Year Built: 1979
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Palm Springs (Palm Beach)
- Middle School: Lake Worth
- Senior High School: Lake Worth
Other Property Info
- Listing Date: 2024-06-18T10:29:06.000-00:00
Taxes, Fees & More
- Taxes: 16606.4
- Total Units in Building: 4
- Total Units in Complex: 6
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
01/09/2026
Listed
$1.6M
$276 ft2
$2,966 m2
01/09/2026
$1.6M
Event
Listed
Price Per
$276 ft2
$2,966 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Daniel DeRogatis • RE/MAX Direct • Buyer Agency Compensation .
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