1109 S Federal Hwy

    Lake Worth, FL 33460
    • $1,190,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: A10724641
    UPDATED: 59 min ago
    $1,190,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Great Income Property located on the nice area of S Federal Hwy in Lake Worth. This Multifamily features 12 1 bed/1bath units all rented for a total monthly income of $10,225.00 and an annual income of $109,530.00.Vacant units are extremely easy to occupy due to the high demand in the area.Furthermore, the area is gaining a lot of popularity among investors and property values are increasing dramatically.The cap rate for this Property is 10%, do not miss this opportunity!!

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-16T17:41:50.453.
    www.bestbrowardrealestate.com/homes/98042584

    1109 S Federal Hwy Lake Worth, FL 33460

    • Price: $1,190,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: A10724641
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1961
    Built
    Neighborhood:
    5640
    County:
    Palm Beach
    Area:
    5640
    Property Description
    Great Income Property located on the nice area of S Federal Hwy in Lake Worth. This Multifamily features 12 1 bed/1bath units all rented for a total monthly income of $10,225.00 and an annual income of $109,530.00.Vacant units are extremely easy to occupy due to the high demand in the area.Furthermore, the area is gaining a lot of popularity among investors and property values are increasing dramatically.The cap rate for this Property is 10%, do not miss this opportunity!!
    Exterior Features

    Construction Type Concrete Block ConstructionConcrete Block With BrickCbs Construction Parking Description Assigned ParkingCommon Parking Storm Protection Complete Accordian Shutters Waterfront Property Yn No

    Interior Features

    Cooling Description Central Individual A/C Floor Description Carpeted FloorsCeramic Floor Heating Description Central ElectricCentral Gas

    Property Features

    Approximate Lot Size 0300 Electric Service 220 Volts Power Fire Protection Other Fire Protection Flood Zone X Information Available Appraisal Lease Term Info 1 To 3 Year Lease Location Of Property Other LocationIn Residential Area Sale Includes Building & LandLeases Sale Includes Incl Equipment Section 27 Short Sale Yn No Style Of Property Income Non-Waterfront Subdivision Complex Bldg Lake Worth Town Of Add 1 Tax Amount 6348 Terms Considered Cash Only Typeof Property Income/MultiFamily Water Description Public Water

    Listing courtesy of Rentpro Florida.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-16T17:41:50.453.
     
    The Teri Arbogast Team at Keller Williams Partners SW
    2000 NW 150th Ave Suite 1100
    Pembroke Pines FL, 33028