Basic Information

  • MLS # A11734209
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1921
  • Total Sqft 3,000
  • Date Listed 01/31/2025
  • Days on Market 98
Description

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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 3,000Sq.Ft
  • Sqft 3,000 Sq.Ft

Property Features

  • Aprox. Lot Size 3,416
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $12,847
  • Tax Year 2024

605 S J St

Lake Worth, FL 33460

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc. tel: 954-938-7401

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