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    4163 42 Avenue S

    Lake Worth, FL 33461
    • $779,000
    • STATUS: Active Under Contract
    • ON SITE: 28 days
    • MLS #: RX-10666481
    Under Contract
    UPDATED: 25 min ago
    $779,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,824
      SQFT
    • $134
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Multi-Family 6 unit property for sale in Lake Worth area. The property consists of 2 separate 1 story buildings. Each building provides 3 units. Four/4 - Two/2 Bedrooms Two/2 Bathrooms and Two/ 2 Three/3 Bedrooms Two/2 Bathrooms. 2 separate parking areas with 16 spaces total. Fully Leased at a 7.75 cap.Property is located in heart of central Lake Worth Area just east of Military Trail. NO RESTRICTIONS, NO HOA, SEPARATE WATER and ELECTRIC METERS on all 6 units, all units have central a/c's, all tiled, aluminum windows. Property has a septic system. 2 of the 6 Units recently remodeled to show market rents. 4 units are long term tenants which are very below market rent. This is an amazing opportunity. being sold AS-IS with some Leases and Month to Month Leases.

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    www.bettersouthfloridahomes.com/homes/111384825
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    4163 42 Avenue S Lake Worth, FL 33461

    • Price: $779,000
    • Status: Active Under Contract
    • Updated: 25 min ago
    • MLS #: RX-10666481
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,824
    SQFT
    $134
    $/SQFT
    1978
    Built
    Neighborhood:
    Acreage & Unrec
    County:
    Palm Beach
    Area:
    Lake Worth
    Elementary School:
    Diamond View Elementary School
    Middle School:
    Tradewinds Middle School
    High School:
    Lake Worth High School
    Property Description
    Multi-Family 6 unit property for sale in Lake Worth area. The property consists of 2 separate 1 story buildings. Each building provides 3 units. Four/4 - Two/2 Bedrooms Two/2 Bathrooms and Two/ 2 Three/3 Bedrooms Two/2 Bathrooms. 2 separate parking areas with 16 spaces total. Fully Leased at a 7.75 cap.Property is located in heart of central Lake Worth Area just east of Military Trail. NO RESTRICTIONS, NO HOA, SEPARATE WATER and ELECTRIC METERS on all 6 units, all units have central a/c's, all tiled, aluminum windows. Property has a septic system. 2 of the 6 Units recently remodeled to show market rents. 4 units are long term tenants which are very below market rent. This is an amazing opportunity. being sold AS-IS with some Leases and Month to Month Leases.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features None Lot Description 1/4 To 1/2 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking View Garden Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Ceiling FanCentral Flooring Ceramic Tile Heating Central Unit1 Bedrooms 3 Unit1 Desc Range - ElectricScreened PorchStack BedroomsSmoke DetectorMicrowaveDishwasherDryerWasherRefrigerator Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1070 Unit2 Bedrooms 2 Unit2 Desc Range - ElectricSplit BedroomsSmoke DetectorDishwasherRefrigerator Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 880 Unit3 Bedrooms 2 Unit3 Desc Range - ElectricSmoke DetectorDishwasherRefrigerator Unit3 Full Baths 2 Unit3 Furnished No Unit3 Sq Ft 880 Unit4 Bedrooms 3 Unit4 Desc DishwasherPatioSmoke DetectorRefrigeratorRange - ElectricKitchen Unit4 Full Baths 2 Unit4 Furnished No Unit4 Sq Ft 1070 Window Treatments Jalousie

    Property Features

    Annual Net Operating Income 44710.00 Annual Total Expenses 17630.00 Application Fee 0.00 Available Info LeasesOtherAccountingDeposit Security Built Desc Resale Contingent Backup Contingents Financing Gross Operating Income 62340.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Triplex Possession Funding REO No Restrictions Other Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Corporate OwnedSold As-Is Sq Ft Total 5824.00 Subdivision Amenities None Tax Amount 8598.00 Tax Year 2020 Taxes No Homestead Tenant Pays ElectricCableWater Terms Considered CashExchangeConventional Unit1 Monthly Income 1350.00 Unit2 Monthly Income 925.00 Unit3 Monthly Income 1130.00 Unit4 Monthly Income 900.00 Utilities ElectricWater AvailableSeptic Zoning Rm

    Listing provided courtesy of Towne & Country Real Estate, Llc. Listing information © 2020 BeachesMLS
     
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    United Realty Group
    1361 Sawgrass Corporate Parkway #200
    Sunrise FL, 33323