Multifamily in Lake Worth Beach, FL 33463Kenwood, 4705 Springfield St
Closed
Beds
1,278
SqFt$186
$/SqFtPremium MultifamilyProperty Type
1975Year Built
$186/SqFtPrice per sq ft
CanalView
YesWaterfront
This duplex consists of two 2 bedrooms, one bathroom units. Both units are currently rented for $900.00 each with good month to month tenants. Rents are below market value. Investors: there is plenty of room to increase rents on this property and maximize your return OR live in one unit and rent the other one. The vacant lot (25'x100') next to this property in also included in this sale. Making of this a 10,000 S/F lot. Plenty of space for Trailers, RV, trucks or any toys you want to bring. Very private dirt road. Water system and septic tank very well maintained. Centrally located. FPL utilities.
Current Net ROI 6%. Potential Net ROI after increasing rents to market value 9%+
Listing Courtesy Of: Treasure Property Group LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 2181 DaysUpdated: 78 Days agoPage Views: 0
Features
MLS Number: R10668082
Bedrooms
Bathrooms
Exterior and Lot Features
- View: Canal
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Vinyl
- Year Built: 1975
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: Greenacres
- Middle School: L. C. Swain
- Senior High School: John I. Leonard
Other Property Info
- Listing Date: 2020-11-02T14:10:27.000-00:00
Taxes, Fees & More
- Taxes: 3738.11
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
06/07/2022
Listed
$238K
$186 ft2
$2,000 m2
06/07/2022
$238K
Event
Listed
Price Per
$186 ft2
$2,000 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alex Rios • Treasure Property Group LLC • Buyer Agency Compensation .
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Community Snapshot
548 - 2,240
SqFt Range
1979
Year Build
1
Total Floors
Subdivision Amenities
None
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