Address: 711 Truman Avenue, Lake Worth Beach, FL 33460
Description
Exceptional 4 Plex Investment Opportunity Priced Below Appraised Value!
Rare opportunity to acquire a well maintained four unit multifamily property offered below appraisal, providing immediate upside for investors. Each of the four spacious units features 2 bedrooms, 1 bathroom, plus an additional den that can be utilized as a home office or potential third bedroom. All units are currently rented at $2,000 per month on month to month leases, providing flexibility for a new owner to adjust rental rates.
All units offer the convenience of in unit laundry rooms and separately metered electric and water, ensuring efficient management and reduced owner expenses. Three units have undergone recent renovations, enhancing rental appeal and value. Major capital improvements include a brand new roof installed in 2025 and fresh exterior paint, delivering peace of mind and minimizing future maintenance costs.
Strong income potential, functional layouts, and solid upgrades make this property an excellent addition to any investment portfolio. Ideal for long term hold, house hacking, or value add strategy.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX.
Exceptional 4 Plex Investment Opportunity Priced Below Appraised Value!
Rare opportunity to acquire a well maintained four unit multifamily property offered below appraisal, providing immediate upside for investors. Each of the four spacious units features 2 bedrooms, 1 bathroom, plus an additional den that can be utilized as a home office or potential third bedroom. All units are currently rented at $2,000 per month on month to month leases, providing flexibility for a new owner to adjust rental rates.
All units offer the convenience of in unit laundry rooms and separately metered electric and water, ensuring efficient management and reduced owner expenses. Three units have undergone recent renovations, enhancing rental appeal and value. Major capital improvements include a brand new roof installed in 2025 and fresh exterior paint, delivering peace of mind and minimizing future maintenance costs.
Strong income potential, functional layouts, and solid upgrades make this property an excellent addition to any investment portfolio. Ideal for long term hold, house hacking, or value add strategy.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX.
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