Basic Information

  • 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 Street
  • 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 Street

Lake Worth Beach, FL 33460

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: Higher Standards Real Estate. tel: 561 855-8449

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