301 S M Street, Lake Worth Beach, FL 33460

$1,525,000
3,084
SqFt

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List Price
$1,525,000
MLS#
B26053634
Sq. Ft
3,084
Subtype
Quadruplex
County
Palm Beach
Subdivision
Lake Worth Town Of
Year Built
1925

Property Description

Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.

Additional Information

Pets Allowed
No
Construction
Frame
Cooling
Central Air
Flooring
Wood
Heating
Central, Individual
Roof
Built-Up
Taxes
$13,611
Utilities
Cable Available, Electricity Available
Waterfront
None
Stories
2
Acres
0.23
Price Per Sqft
$494

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Calculator source: Real Geeks

Listing courtesy of Home Sold Realty LLC. Contact: