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Multifamily in Lake Worth Beach, FL 33460Lake Worth Town, 605 S J St
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OFF MARKET
$1,000,000
$50KBeds
3,000
SqFt$333
$/SqFtPremium Multifamily
Built in 1921
Fourplex
Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591.
Don’t miss this opportunity!
MLS Number: A11734209
On Site: 595 Days
Updated: 547 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1921
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-01-31T15:07:27.000-00:00
Taxes, Fees & More
- Taxes: 12847
Apples-to-Apples Comparables
Price History
Current
$1M
High
$1.1M
Low
$940K
Total Change
-4.8%Date
Event
Price
Change
Price Per
03/19/2025
Price Increased
$1M
6.38%$333 ft2
$3,588 m2
03/05/2025
Price Reduced
$940K
-4.08%$313 ft2
$3,373 m2
02/19/2025
Price Reduced
$980K
-2%$327 ft2
$3,516 m2
02/07/2025
Price Reduced
$1M
-4.76%$333 ft2
$3,588 m2
01/29/2025
Listed
$1.1M
$350 ft2
$3,767 m2
03/19/2025
$1M
Event
Price Increased
Change
6.38%Price Per
$333 ft2
$3,588 m2
03/05/2025
$940K
Event
Price Reduced
Change
-4.08%Price Per
$313 ft2
$3,373 m2
02/19/2025
$980K
Event
Price Reduced
Change
-2%Price Per
$327 ft2
$3,516 m2
02/07/2025
$1M
Event
Price Reduced
Change
-4.76%Price Per
$333 ft2
$3,588 m2
01/29/2025
$1.1M
Event
Listed
Price Per
$350 ft2
$3,767 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Eric Amsallem • Beachfront Realty Inc • Buyer Agency Compensation .
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Scores
67
100
95
100
73
100
1
100
34
100
8
100
Community Snapshot
1 – 5 BR
Bedrooms
$110K – $1.5M
Price Tier
360 - 8,560
SqFt Range
1950
Year Build
1
Total Floors
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