Modern Living Group
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$599,900ACTIVE

1602 N L Street, Lake Worth Beach, FL 33460

beds0baths932sq ft$644/ sq ft
THE RESIDENCE

About this home

Beautifully maintained Lake Worth Beach Legal Duplex! Two houses on one lot: single family 3/2 Main House and separate 1/1 Cottage! Located in the desirable Eden Place, this is perfect for seasonal or short-term rentals or to move in and enjoy while having an income. No Leasing Restrictions! Both houses have their own central AC, water heater, and separate utilities. Main house has wood floors throughout, walk-in closets, and newer kitchen cabinets. Carport fits 2 cars and offers plenty of storage space! Cottage has tile floors throughout and a cozy and private courtyard, perfect for morning coffee/tea or relaxing with friends. Close enough to Downtown Lake Worth Beach to enjoy it, but just far enough for quiet evenings at home.

THE DETAILS

Property details

List Price$599,900
Price / Unit$299,950
Units2
Cap Rate7.60%
Gross Income$47,400/yr
Net Operating Income$45,600
Inside Sq Ft932
Year Built1931
ConstructionStucco
FlooringCeramicTile,Tile,Wood
ZoningSF-R (city)
Lot Dimensions50.0 ft x 100.0 ft
Property TypeDuplex
MLS #B26068496
StatusActive
Original List Price$599,900
GRM12.7
Tenant PaysCable TV, Electricity, Water
Show all details (7 more)
Stories1
Lot Size0.11 acres
WaterfrontNo
Days on Market0
Annual Taxes$9,904
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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