Lake Worth Beach, FL 33460 506 S M Street
$1,429,774
1 more
Presented By: The Keyes Company
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 1,728
Home Details
PROPERTY HIGHLIGHTSThis exceptional multi-family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty-eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income-generating assets in a highly desirable area.
Presented By: The Keyes Company
Interior Features for 506 S M Street
Other Interior Features
Unit 1 DescDishwasher, Electric Meter, Range - Electric, Refrigerator
Unit 2 DescElectric Meter
FlooringOther
SqFt - Living1728.00
General for 506 S M Street
Adult 55+No Hopa
Area5600
AuctionNo
Carport Spaces0.00
ConstructionConcrete, Other
CoolingElectric
Exterior FeaturesOpen Patio
Gated CommunityNo
Geo AreaPB16
Geo Lat26.609578
Geo Lon-80.053327
HOANone
HeatingElectric
Legal DescriptionADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 1
PossessionAt Closing
Property TypeB
REONo
RestrictNone
RoofOther
Short SaleNo
Source of ExpensesOwner
StatusActive
Stories2.0
SubdivisionLAKE WORTH TOWN OF ADD 1
Tax Year2023
Taxes$9,677
Tenant PaysNone
Terms ConsideredCash, Conventional
TypeQuad Plex
UtilitiesCable, Public Sewer, Public Water
Virtual TourClick here
Year Built1925
ZoningSF-R(c
Exterior for 506 S M Street
Lot Description< 1/4 Acre
Private Pool Y/NNo
Subdiv AmenitiesNone
Unit 1 ParkingSpace Parking
Unit 2 ParkingSpace Parking
WaterfrontNo
WaterfrontNone
Additional Details
Price History
