$1,695,000
Active
8 Days Online
0 Beds0 Baths0 SQFT
Active

4063 Herbertz Road Lake Worth, FL 33461

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Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

  • Property TypeMulti-Family
  • NeighborhoodPalm Beach Farms Co 7
  • CountyPalm Beach
  • Taxes$16,606
  • HOA/Condo/Coop Fees$0
  • Days on Site8 Days
  • MLS StatusActive
  • MLS ID NumberR10997026
  • Home Size Source N/A
  • Year Built1979
  • Lot Size0.86 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Sewer Septic Tank
  • Number of Stories 11
  • Acreage 0.86
  • Water Public
  • Zoning RM
  • Security Smoke Detector(s)
  • Property Sub Type Multi Family
  • Utilities Electricity AvailableWater Available

Interior Features

  • Cooling Central Air
  • Heating Central
  • Flooring LaminateTile

Exterior Features

  • Roof CompositionShingle
  • Waterfront Property No

Community Features

  • MLS Area 5700
  • Security Features Smoke Detector(s)

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Monthly Payment (Est.)

$8,903
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