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PRICED AT ONLY: $730,000

Address: Address Not Provided

Description

MUST SEE! Triplex in Prime Lake Worth Beach location! This stunning property is just one block from Lake Avenue walk to everything you need!Property is turnkey condition: All three units boast spacious floor plans and are beautifully maintained. Each unit has separate water, electric, and gas meters. Roof replaced in 2016 for peace of mind. The front unit is ideal for an owner occupant, short term rental, or annual lease. Sellers are willing to leave it vacant for the new owner's choice. This Investment is a strong! When fully occupied, the property offers a robust 7% cap rate at the asking price! Opportunities like this don't come around often! Schedule your showing today!

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  • MLS#: RX-11031752 ( Triplex )
  • Street Address: Address Not Provided
  • Viewed: 3
  • Price: $730,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 58

Description

MUST SEE! Triplex in Prime Lake Worth Beach location! This stunning property is just one block from Lake Avenue walk to everything you need!Property is turnkey condition: All three units boast spacious floor plans and are beautifully maintained. Each unit has separate water, electric, and gas meters. Roof replaced in 2016 for peace of mind. The front unit is ideal for an owner occupant, short term rental, or annual lease. Sellers are willing to leave it vacant for the new owner's choice. This Investment is a strong! When fully occupied, the property offers a robust 7% cap rate at the asking price! Opportunities like this don't come around often! Schedule your showing today!
Request More Information
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Features
Building and Construction
  • Absolute Longitude: 80.055675
  • Construction: Frame, Stucco
  • Exterior Features: Fence, Open Patio, Open Porch, Room for Pool, Screen Porch, Screened Patio
  • Flooring: Tile, Wood Floor
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 2691.00
  • Total Building Sqft: 2496.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 50 Ft. x 135 Ft.
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Panel Shutters: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Central, Wall-Win A/C
  • Heating: Central, No Heat
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Gas Natural, Lake Worth Drain Dis, Public Sewer, Public Water
  • Window Treatments: Single Hung Metal
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 52932.00
  • Income Expenses Annual Total Expense: 22668.00
  • Income Expenses Gross Operating Inc: 75600.00
  • Source Of Expenses: Proforma
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Cable, Electric, Gas, Sewer, Water
Other Features
  • Avail Info: Investment Analysis
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: TOWN OF LAKE WORTH LTS 20 & 21 BLK 49
  • Spa: No
  • Multiple Ofrs Acptd: No
  • Parcel Id: 38434421150490200
  • Possession: At Closing, Funding
  • Special Assessment: No
  • Special Info: Sold As-Is
  • View: Garden
  • Zoning: MF-30
Nearby Subdivisions
Bryant Park   Lake Worth Beach   Lake Worth Heights   Lake Worth Town   Lake Worth Town Add 01   Lake Worth Town Of   Lake Worth Town Of Add 1   Lakeview Heights Add 3   Latona Court Amnded Plat   North Lake Worth   Parkview Heights   S/d Of 21-44-43, W 1/2 In   Worthmore Park  
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