This 5 Unit Income Property in Trendy Lake Worth Beach, great potential! Rents are WAY below market value! Currently run at a 6% CAP rate but super easy to convert to a 10% ROI. Detached Garage could house coin operated laundry facilities and increase income! One apt is very large with 2 bedrooms and 2 bathrooms, central air. Owner may choose to occupy and rent other 4 units. It is app 1 mile to 1-95, 10 blocks from downtown Lake Worth Beach, a few blocks from Lake Worth golf course and the Beach. Nice area with side walks & street lights. Also 2 blocks from Dixie Highway with bus routes for tenants etc.
RX-10753200
Residential - Multi-Family, 1 Story
2
3 Full
1955
Palm Beach
1
Block,Frame,Stucco
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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