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301 S M St

Lake Worth, FL 33460
  • $1,499,900
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: A11261369
UPDATED: 69 min ago
$1,499,900
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Minutes from downtown Lake Worth and Lake Worth Beach, this turn-key property is a rare investment opportunity for any investor looking to add a cash-flowing multi-family property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, and the ability to assume a mortgage at just 4.5%. Featuring attractive amenities including an on-site laundry room (currently free for tenants), the quaint floor plans will continue to attract high-income, long-term tenants in this high-demand rental area. Space for an additional income generating structure i.e. parking lot, accessory dwelling, etc. The property has five units plus an additional flex space.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-07T06:51:36.96.
www.bettersouthfloridahomes.com/homes/133338878
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301 S M St Lake Worth, FL 33460

  • Price: $1,499,900
  • Status: Active
  • On Site: 75 Days
  • Updated: 69 min ago
  • MLS #: A11261369
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1925
Built
County:
Palm Beach
Property Description
Minutes from downtown Lake Worth and Lake Worth Beach, this turn-key property is a rare investment opportunity for any investor looking to add a cash-flowing multi-family property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, and the ability to assume a mortgage at just 4.5%. Featuring attractive amenities including an on-site laundry room (currently free for tenants), the quaint floor plans will continue to attract high-income, long-term tenants in this high-demand rental area. Space for an additional income generating structure i.e. parking lot, accessory dwelling, etc. The property has five units plus an additional flex space.
Exterior Features

Construction Materials Concrete Block Construction Fencing Fenced Inclusions Building & Land Lot Features Corner UnitCorner LotIn Residential Area Parking Features Free ParkingOn Street Parking Total 0 Pool Private YN No Road Frontage Type City Street View YN No Waterfront YN No

Interior Features

Building Area Total 3084 Building Features Lawn SprinklersRoom For Pool Cooling Central Individual A/C Flooring Tile Heating Central Individual A/C Heating YN Yes Stories 2

Property Features

Association YN No Building Name 301 Business Type Commercial/Residential IncomeResidential-Multi-Family Cooling YN Yes Documents Available Aerial Photo(S)Copy Of Lease(S)PhotosRent Rolls Electric Separate Meters Green Energy Efficient Water Heater Horse YN No Insurance Expense 6521 Land Lease YN No Lease Considered YN Yes Lease Term Annual Lease Listing Terms All CashAssumableConventional/Refinance Maintenance Expense 2100 New Construction YN No Ownership Corporation Public Survey Section 21 Security Features Smoke Detector(S)Fire Sprinkler SystemSecurity FenceSecurity System Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type Commercial Tax Annual Amount 14340 Tax Year 2022 Tenant Pays A/C & Heating MaintenanceElectricity Water Source Public Year Built Details Resale Zoning Sf-R (Ci

Listing courtesy of Keller Williams Central: 954-343-4444.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-07T06:51:36.96.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323