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Off market
    • $1,722,400

    1106 S L St, Lake Worth, FL 33460

    12beds
    7,040sqft
    MultiFamily
    Built in 1980
    -- sqft lot
    $1,722,400 Zestimate®
    $245/sqft
    $1,971 Estimated rent

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    $1,971/mo

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    $1,971/mo

    Rent Zestimate®

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    $11,500/mo

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    $11,500/mo

    Est. payment

    What's special

    10 apartments in a two-story building on a 1/3 acre lot consisting of 8x1bed and 2x2bed, mostly renovated. Coin operated laundry. Large paved parking lot with multiple guest spots. Solid CBS concrete construction. Attractive landscaped frontage. Solid bones on large lot spells a quality future. A rare opportunity. The building is located in charming, up and coming Lake Worth, east of Dixie Highway and a half-mile to the trendy downtown arts area. Professionally managed. Great financials. 6.70% cap rate.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    • Full bathrooms: 10
    Cooling
    • Wall
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,040 sqft

    Property

    Parking
    • Parking features: Carport

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1980

    Community & neighborhood

    Location
    • Region: Lake Worth
    • Subdivision: Lake Worth Town Of Add

    Other

    Other facts
    • Unit 1 Lease Ends Info.: Leased
    • Section: 27
    • Information Available: Copy Of Lease(S), Accounting Statements
    • Sewer Description: Municipal Sewer
    • Terms Considered: Conventional, CASH
    • Year Built Description: Resale
    • Property Type Information: Stairs
    • Style: Fourplex
    • Tax Information: Tax Reflects No Exemptions
    • Type of Property: Fourplex
    • Construction Type: Cbs Construction
    • Unit 2 Lease Ends Info.: Leased
    • Unit 1 Parking: Open Parking
    • Unit 2 Parking: Open Parking
    • Floor Description: Ceramic Floor
    • Rent Includes: Trash Removal, Sewer, Water
    • Unit 1 Equipment: Air Conditioning Unit
    • Unit 2 Equipment: Air Conditioning Unit
    • Roof Description: Barrel Roof
    • Heating Description: Electric Heat
    • Lot Description: 1/4 To Less Than 1/2 Acre Lot
    • Geographic Area: Palm Beach 4110; 4120
    • Status: Backup Contract-Call LA
    • Type of Contingencies: Backup Contract/Call LA
    • Municipal Code: 38
    • Subdivision Name: Lake Worth Town Of Add
    • Folio Number: 38-43-44-27-01-04
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    Estimated market value
    $1,722,400

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