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: 242 days
- Updated: Listing Refreshed: 29 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
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 06/18/2024 | Listed | $1,695,000.00 | $45.25 ft2/$487.02 m2 |
Contact Information
Tracey Schmitt Office
Real Estate Advisors
Office: (561) 948-1657
Email: info@bestofluxuryrealty.com
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