Lake Worth, FL 33461 4063 Herbertz Road
$1,695,000
25 more
Presented By: Re/Max Direct
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 9
Baths • 4
SQFT • 5,880
Home Details
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Presented By: Re/Max Direct
Interior Features for 4063 Herbertz Road
Other Interior Features
Total # of Units6
Unit 1 DescKitchen
Unit 2 DescKitchen
FlooringLaminate, Tile
SqFt - Living5880.00
General for 4063 Herbertz Road
Adult 55+No Hopa
Application Fee0.00
Area5700
AuctionNo
Carport Spaces0.00
ConstructionCBS, Concrete
CoolingCentral, Electric
Development NamePalm Beach Farms
Elementary SchoolPalm Springs Elementary School
Exterior FeaturesNone
Gated CommunityNo
Geo AreaPB17
Geo Lat26.616672
Geo Lon-80.10371
HOANone
HOA/POA/COA (Monthly)0.00
HeatingCentral, Electric
High SchoolLake Worth High School
Legal DescriptionPALM BEACH FARMS CO PL NO 7 E 158.72 FT OF S 1/2 OF LOT C (LESS N 20 FT) ALL OF LOT D & LT E (LESS S 70 FT) BLK 15
Maintenance Fee InclNone
Middle SchoolLake Worth Community Middle
Number of Garage Spaces0.00
PossessionAt Closing, Funding
Property TypeB
REONo
RestrictNone
RoofComp Shingle
Short SaleNo
Source of ExpensesOwner
Special InfoSold As-Is
StatusActive
Stories1.0
SubdivisionPALM BEACH FARMS CO 7
Tax Year2023
Taxes$16,606
Tenant PaysCable, Electric
Terms ConsideredCash, Conventional
TypeQuad Plex
UtilitiesElectric, Public Water, Septic
ViewGarden
Virtual TourClick here
Year Built1979
ZoningRM
Exterior for 4063 Herbertz Road
Lot Description1/2 to < 1 Acre
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingSpace Parking
Unit 2 ParkingSpace Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
Schools
High School
Lake Worth High School
Middle School
Lake Worth Community Middle
Elementary School
Palm Springs Elementary School
