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6,100SqFt
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Status:
Active
Size: 6,100 SqFt (567 m2)
Price: $321/SqFt ($3,459/m2)
Type: Multi Family
Built: 1968
MLS Number: A11968957
On Site: 6 Days
Updated: 4 Days ago
Page Views: 0
Rare Value-add Opportunity In Downtown Lake Worth! this Is The High-upside Multifamily Deal You’ve Been Waiting For. Located At 409 4th Ave North, This Two-story Cbs Building Sits On A Prime Corner Lot Just Off Federal Highway And Only Two Blocks From Lucerne Ave, Placing It Squarely In One Of Lake Worth’s Strongest Rental Corridors. property Highlights: 8 Spacious 2br/2ba Apartments below-market Rents = Immediate Value-add Potential currently Collecting $14,000/month With Room To Grow owner Utilities Under $600/month (includes Washers & Dryers) durable Cbs Construction With A 2017 Gable Roof (approx. 30-year Service Life) Updated Plumbing And Appliances tenants Love This Walkable Downtown Pocket With Easy Access To Major Employment Centers, Schools, Restaurants, Bars, The Beach, And The Town Of Palm Beach. Strong Fundamentals Support Both Rent Growth And Long-term Appreciation. why This Deal Stands Out: proven Income With Upside On Rents major Capital Items Already Addressed efficient Expense Profile desirable 2br/2ba Unit Mix quiet Corner Lot With Great Access true Value-add Without Heavy Lift stabilized Today, Scalable Tomorrow. Opportunities To Reposition An 8-unit This Close To Lucerne Ave Without Major Capital Expenditure. these Rare Value-add Assets In Downtown Lake Worth Do Not Last.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile,Laminate
        • Year Built: 1968
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-02-19T20:00:46.000-00:00
          Taxes, Fees & More
          • Taxes: 29978
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          Price History
          02/19/2026
          Date
          Listed
          Event
          $2M
          Price
          $321 ft2 / $3,459 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Wendy PierreBAWONS Properties, Inc • Buyer Agency Compensation .
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