605 S J St, Lake Worth FL 33460

For sale Days on market 47

LAKE WORTH TOWN OF [ Quadruplex ]

$1,000,000

$333/sq ft

$50,000
Price Decreased

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Overview

Year Built

1921

Sqft

3000

Property Type

Quadruplex

Property Description

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!

Property Details

MLS#

A11734209

Total Floor in Bldg

Building

LAKE WORTH TOWN OF

Address

605 J St S

City

Lake Worth

State/county

Zip/Postal Code

33460

Area

Lake Worth Town Of

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Monthly

Tax Amount

$12,847

Maint Fee

$--

Tax Year

2024

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