Address
1227 N E St Lake Worth, FL
Price
$ 369,990
Property Attributes
- MLS#F10248073
- TypePending
- CountyPALM BEACH
- CityLake Worth
- AreaPalm Beach 5600 - 5610 - 5620 - 5630 - 5640
- NeighborhoodLake Worth Town
- Zip33460
- StyleDuplex
- Year Built1963
- Taxes6632
- Price$ 369,990
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1845
Listing Provided Courtesy Of:
Meridian Trust Investments Inc
Property Description
CASH COW ALERT!!! Magnificent opportunity to own a turnkey rental in North Lake Worth just minutes from historical Lake Worth & downtown entertainment on Lake Avenue! This is an investor's dream, occupied by long term tenants that never miss their payments w/ a total of 6 bedrooms and 3 bathrooms. This property is detached into two separate dwellings -- a 4/2 and a 2/1 -- that produces nearly $40,000.00 in yearly income while collecting rent payments well below the market rate with plenty of room to add value and increase rents 20-30%. Roof was installed in 2017 and A/C is less than 5 years old, and is completely FHA/VA APPROVED. Lake Worth represents one of the fastest growing cities in all of Palm Beach county -- Buy this well-located property today and start collecting rent from day 1!
| Price History | |
|---|---|
| 9/10/2020 | Listed $369,990 |
General Features
| Area | 5630 |
|---|---|
| DOM | 39 |
| Property Type | Residential Income |
| Property Type Information | Detached |
| Rent Includes | None |
| Section | 21 |
| Style | Duplex |
| Subdivision Complex Bldg | Lake Worth Town |
| Subdivision Name | Lake Worth Town |
| Township Range | 43 |
| Type of Association | None |
| Type of Property | Duplex |
| Water Description | Municipal Water |
| Year Built | 1963 |
| Year Built Description | Resale |
| Zoning Information | SFR |
Interior Features
| Cable | Yes |
|---|---|
| Cooling Description | Central Cooling |
| Flooring | Tile Floors |
| Heating Description | Central Heat |
| Internet Yn | Yes |
| Stories | 1.0000 |
| Total Units | 2 |
Exterior Features
| Construction Type | Concrete Block Construction |
|---|---|
| Lot Description | Less Than 1/4 Acre Lot |
| Parking Spaces | 4 |
| Roof Description | Comp Shingle Roof |
| Sewer Description | Municipal Sewer |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33460
Price
Taxes
Visits
Year Built
Walkscore
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Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
