Lake Worth Town, 506 S M St

Beds
1,728
SqFt
$827
$/SqFt
Premium Multifamily
Built in 1925
Fourplex
Fence
Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.
MLS Number: F10465638
On Site: 708 Days
Updated: 604 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Patio
      Interior, Heating and Cooling
      • Heating Description: Electric
      • Cooling Description: Electric
      Building and Construction
      • Floor Description: Other
      • Year Built: 1925
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-10-10T11:03:42.000-00:00
        Taxes, Fees & More
        • Taxes: 9677
        • Total Units in Building: 5

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        10/10/2024
        Listed
        $1.4M
         
        $827 ft2
        $8,906 m2
        10/10/2024
        $1.4M
        Event
        Listed
        Price Per
        $827 ft2
        $8,906 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Charles Leslie WaitesThe Keyes Company • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        67

        100
        Bike Score®
        Biker's Paradise. Daily errands can be accomplished on a bike
        95

        100
        Sound Score®
        Very loud
        73

        100
        Airport Score
        Close to airports. Noticeable airport activity
        1

        100
        Traffic Score
        Congested area. Frequent traffic delays
        34

        100
        Local Score
        Limited local amenities nearby
        8

        100
        Community Snapshot
        1 – 5 BR
        Bedrooms
        $110K – $1.5M
        Price Tier
        360 - 8,560
        SqFt Range
        1950
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Golf Course
        None
        Sidewalks

        Lake Worth Beach
        Premium
        Premium Homes & Condos