Bought with Equity Real Property and Mgt.
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1751 -1755 N 4th AVE Lake Worth Beach, FL 33460
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Key Details
Sold Price $910,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,795 sqft
Price per Sqft $506
Subdivision S/D Of 21-44-43, W 1/2 In
MLS Listing ID RX-11053962
Sold Date 02/27/25
Construction Status Resale
Year Built 1947
Annual Tax Amount $14,124
Tax Year 2024
Lot Size 0.750 Acres
Property Sub-Type MultiFamily (5+ Units)
Property Description
Outstanding Investment Opportunity. This investment property offers a single-family home, two duplexes, and a large buildable lot with all 3 buildings having new roofs!The single-family home includes two bedrooms and two full bathrooms. The duplexes offer, one unit with two bedrooms and two baths, while the other three units each have one bedroom and one bath. The property spans nearly three-quarters of an acre, a rare find in theEast Lake Worth Beach area. With MF-20 zoning, additional units are permissible. This property represents an excellent investment opportunity. Inquire promptly, as it's expected to attract interest quickly, especially at an 8 cap rate in its current condition. Seller ready to entertain all reasonable offers.
Location
State FL
County Palm Beach
Area 5620
Zoning MF-20(
Interior
Heating Central
Cooling Central, Wall-Win A/C
Flooring Laminate, Tile, Wood Floor
Fireplaces Type Smoke Alarm
Exterior
Community Features None
Utilities Available Electric, Public Water
Waterfront Description None
Roof Type Comp Shingle
Present Use None
Building
Story 100.00
Foundation CBS, Frame
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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