215 N Federal Hwy

    Lake Worth, FL 33460
    • $499,000
    • STATUS: Active
    • ON SITE: 45 days
    • MLS #: A10432591
    UPDATED: 78 min ago
    $499,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,237
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:
    Area:

    School Ratings & Info

    Description

    Location, Location, Location... Great Turnkey 4-unit Investment Property centrally located in Downtown Lake Worth, with a current, documented and real Net Cap Rate of 7.6 % (includes property management expenses, please see attached brochure). Monthly Gross Income is $4,545. It is comprised of Two structures: A 2-story building with three apartments + a separate, single-family house, common area laundry/storage facility, long front driveway with carport and a one-car garage. Zoned Commercial and Residential. Interiors have been updated. Please see attached brochure for more info.New owner could eliminate property management expenses and/or benefit from re-development opportunities

    Monthly Payment Calculator



    Copyright 2018, 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 2018, 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 2018-04-24T20:41:49.803.
    www.bestbrowardrealestate.com/homes/81431600

    215 N Federal Hwy Lake Worth, FL 33460

    • Price: $499,000
    • Status: Active
    • Updated: 78 min ago
    • MLS #: A10432591
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,237
    SQFT
    $118
    $/SQFT
    1921
    Built
    Neighborhood:
    5600
    County:
    Palm Beach
    Area:
    5600
    Property Description
    Location, Location, Location... Great Turnkey 4-unit Investment Property centrally located in Downtown Lake Worth, with a current, documented and real Net Cap Rate of 7.6 % (includes property management expenses, please see attached brochure). Monthly Gross Income is $4,545. It is comprised of Two structures: A 2-story building with three apartments + a separate, single-family house, common area laundry/storage facility, long front driveway with carport and a one-car garage. Zoned Commercial and Residential. Interiors have been updated. Please see attached brochure for more info.New owner could eliminate property management expenses and/or benefit from re-development opportunities
    Exterior Features

    Construction Type Frame ConstructionFrame With Stucco Exterior Features BalconiesBarbequeFruit TreesLaundry FacilityExterior LightsPatio Num Parking Spaces 4 Pool Yn No Roof Description Shingle RoofTar & Gravel Roof Style Fourplex Waterfront Property Yn No

    Interior Features

    Cooling Description Ceiling FansElectric CoolingWall/Window Unit Cooling Floor Description Carpeted FloorsParquet FloorsTile Floors Heating Description Electric HeatGas Heat

    Property Features

    Approximate Lot Size 6500 Sqf Association Type None Cable Available YN Yes Flood Zone X Information Available Accounting Statements Lot Description 1/4 To Less Than 1/2 Acre LotEast Of Us 1Regular Lot Property Type Information AttachedDetachedStairs Rent Includes Hot WaterLawn CarePest ControlSewerTrash RemovalWater Reo YN No Section 21 Separate Meter Yn Yes Sewer Description Municipal Sewer Short Sale Yn No Special Assessment Yn No Subdivision Complex Bldg Lake Worth Town Of Terms Considered All CashConventionalFhaFha-Va Approved Typeof Property Fourplex Year Built Description Unknown

    Listing courtesy of Charles Rutenberg Realty Llc.


    Copyright 2018, 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 2018, 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 2018-04-24T20:41:49.803.
     
    The Teri Arbogast Team at Keller Williams Partners SW
    2000 NW 150th Ave Suite 1100
    Pembroke Pines FL, 33028