920 S K St, Lake Worth, FL 33460

$799,000
2,450
SqFt

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List Price
$799,000
MLS#
A12082339
Sq. Ft
2,450
Subtype
Quadruplex
County
Palm Beach
Community
Lake Worth Town Of Add 1
Subdivision
Lake Worth Town Of Add 1
Year Built
1978

Property Description

Excellent investment opportunity at 920 S K St in Lake Worth Beach, featuring a 4-unit multifamily property comprised of four 1-bedroom/1-bathroom units. Each unit is offered at $1,600 per month, providing approximately $6,400 in monthly Gross Operating Income and $76,800 annually. The property offers investors the opportunity to acquire a well-positioned multifamily asset in an established residential neighborhood with strong access to the surrounding Palm Beach County market. Conveniently located just minutes from Downtown Lake Worth Beach, residents enjoy easy access to local restaurants, shopping, entertainment, the Intracoastal Waterway, and South Florida's beaches. The property is also conveniently positioned near I-95 and other major transportation corridors, providing connectivity to West Palm Beach, surrounding employment centers, and destinations throughout Palm Beach County. With four highly rentable 1-bedroom units, a central location, and convenient access to both everyday amenities and major South Florida destinations, 920 S K St represents an attractive opportunity for investors seeking a multifamily property in the growing Lake Worth Beach market.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
4
Construction
CBS Construction
Cooling
Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Window/Wall
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$11,219
Total Floors
1
Stories
1
Roofing
Shingle
Price Per Sqft
$326

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: