Palm Beach Farms Co 7 Multifamily For Sale
4063 Herbertz Road, Lake Worth, FL 33461

$1,695,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R10997026
  • Virtual Tour: YES
  • List Price: $1,695,000
  • Taxes:$16,606
  • Year Built:1979
  • Listing Date:June 18, 2024
  • Days On Market:102
  • Total Units:6

Description


Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% 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.

Features


  • Floor:Laminate, Tile
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker