Palm Beach Farms 4063 Herbertz Lake Worth, FL 33461

FOR SALE - Active
$1,695,000
Studio
Beds
5,880
Sq.Ft.

Overview

  • Status: Active Under Contract
  • Bed(s) No info
  • Bath(s) 0
  • Half Bath(s) 0
  • Parking No info
  • Size: 37,462 ft2/3,480.33 m2
  • Price Per: $45.25 ft2/$487.02 m2
  • Type: Multifamily
  • Built: 1979
  • HOA: No info
  • MLS Number: RX-10997031
  • View No info
  • On Site: 231 days
  • Updated: Listing Refreshed: 18 Days Ago

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% 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.

Price History

DateEventPriceChange RatePrice Per
06/18/2024Listed$1,695,000.00$45.25 ft2/$487.02 m2

Contact Information

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