4063 Herbertz Road, Lake Worth, Florida 33461

Map

Active For Sale

$1,695,000

Beds 0
Baths 0
Sq Ft 0 Sqft
Visits: 8 in 48 days

Call Josh Dotoli

Description

Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% 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.

Address Map

Country: US
State: FL
County: Palm Beach
City: Lake Worth
Subdivision: PALM BEACH FARMS CO 7
Zipcode: 33461
Street: Herbertz
Street Number: 4063
Street Suffix: Road
Floor Number: 0
Longitude: W81° 53′ 46.3”
Latitude: N26° 37′ 0”
Directions: Located south off Lake Worth Road between Military Trail and Congress Ave. From Lake Worth Road turn south onto Herbertz Road. The destination will be on your right side.
MLS Area: 5700

MLS Addon

Association Fee: $0
Close Price: $0
Development Status: New Construction
Garage Spaces: 0
Insurance Expense: $0
Listing Terms: Cash, Conventional
New Taxes Expense: $0
Stories Total: 100
Tax Annual Amount: $16,606
Tax Year: 2023
Utilities: Electric, Public Water, Septic
Zoning: RM

Location

Listing Updated: 2024-06-24 23:00:18

Property Type : E
Listing Type : For Sale
Listing ID : RX-10997026
Price : $1,695,000
View : Garden
Bedrooms : 0
Bathrooms : 0
Full Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1979
Lot Area : 0.86 Acre
Listing Status : Active
Days On Market : 47

Contact Agent

Josh Dotoli

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