Exceptional investment opportunity in the heart of Lake Worth Beach! This solid 4-unit multifamily at 715 Washington Ave features four spacious 3-bedroom, 1-bath apartments, each with its own washer & dryer, separate water and electric meters, and private entrances. Three units are currently rented at $2,200/month, with one vacant unit; market rent potential is $2,500/month per unit, bringing possible gross annual revenue to $120,000. Units offer bright living spaces, functional kitchens, and a well-maintained layout. Situated on a generous lot with off-street parking, the property is close to schools, shopping, dining, public transit, downtown, and beautiful beaches. With strong rental demand and value-add potential, this is an ideal cash-flowing asset for any investor.
For sale
Price cut: $50K (10/6)
$1,250,000
715 Washington Avenue #1-4, Lake Worth Beach, FL 33460
12beds
4,528sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$1,151,200 Zestimate®
$276/sqft
$-- HOA
What's special
Private entrancesGenerous lotOff-street parkingBright living spacesWell-maintained layoutFunctional kitchens
- 65 days |
- 216 |
- 17 |
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