4063 Herbertz Road, Lake Worth, FL 33461

Property Status: Active

0

BEDROOMS

0

BATHROOMS

$1,695,000

LISTING PRICE

5,880

SQUARE FOOT

Zoning: RM   MLS #: RX-10997031
Subdivision: PALM BEACH FARMS CO 7

For More Information Call: 561-283-4663

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.

This listing is courtesy of Re/Max Direct. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach,0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc.

Square Footage: 5,880 ($288/sqft) Listing Price: $1,695,000
Bedrooms: 0 Bathrooms: 0 + 0 halfs
Exterior Features: Interior Features:
Pool: No Amenities: None
Subdivision: PALM BEACH FARMS CO 7 Property Type: Multifamily / Quad Plex
Waterfront: None Home View: No
Parking: Address: 4063 Herbertz Road, Lake Worth FL 33461
HOA: None HOA Dues: $0/month
Construction: CBS,Concrete Expenses: 0
Heating: Central,Electric County: Palm Beach
Cooling: Central,Electric Furnishings:
Flooring: Laminate,Tile Garage: 0.00
Tax Amount: $16,606 (2023) Pets:
Utilities: Electric,Public Water,Septic Equipment / Appliances:
Short Sale /
Bank Owned:
No Home View: Garden
Home Design: Dining Area:
Elem. School: Palm Springs Elementary School Middle School: Lake Worth Community Middle
High School: Lake Worth High School Virtual Tour: Yes