Basic Information

  • MLS # RX-10753200
  • Status Closed
  • Subdivision/Complex Lake Worth Beach
  • Year Built 1955
  • Total Sqft 2,682
  • Date Listed 10/19/2021
  • Days on Market 58
Description

This 5 Unit Income Property in Trendy Lake Worth Beach, great potential! Rents are WAY below market value! Currently run at a 6% CAP rate but super easy to convert to a 10% ROI. Detached Garage could house coin operated laundry facilities and increase income! One apt is very large with 2 bedrooms and 2 bathrooms, central air. Owner may choose to occupy and rent other 4 units. It is app 1 mile to 1-95, 10 blocks from downtown Lake Worth Beach, a few blocks from Lake Worth golf course and the Beach. Nice area with side walks street lights. Also 2 blocks from Dixie Highway with bus routes for tenants etc.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block, Frame
  • Parking Description
  • Exterior Features Patio

Interior Features

  • Adjusted Sqft 2,682Sq.Ft
  • Cooling Description Central Air, Ceiling Fans, Wall Window Units
  • Floor Description Ceramic Tile, Laminate, Wood
  • Heating Description Central
  • Sqft 2,682 Sq.Ft

Property Features

  • Address 929 N K St
  • Aprox. Lot Size 2,682
  • Association Fee Frequency Monthly
  • Construction Materials Block, Frame
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex Lake Worth Beach
  • Subdivision Info Lake Worth Beach
  • Tax Amount $7,884
  • Tax Legal desc Town Of Lake Worth Lt 9 Blk 280
  • Tax Year 2020
  • Terms Considered Cash, Conventional

929 N K St

Lake Worth Beach, FL 33460

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