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- 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