Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591. Don’t miss this opportunity!
For sale
$1,000,000
605 S J St, Lake Worth, FL 33460
--beds
--baths
3,000sqft
Est.:
Quadruplex
Built in 1921
-- sqft lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
Bright spacious rooms
- 210 days
- on Zillow |
- 109 |
- 5 |
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