Modern Living Group
 Unit 1-5
 Unit 1-5 photo 1
1 photos
 Unit 1-5 photo 1
$1,250,000ACTIVE

Unit 1-5 · 431 S M Street 1-5, Lake Worth Beach, FL 33460

—beds0baths4,074sq ft$307/ sq ft
THE RESIDENCE

About this home

EXCELLENT INVESTMENT IN AN EXCELLENT LOCATION! THIS IS A WELL MAINTAINED 5 UNIT BUILDING ON 4 LOTS WITH LUSH LANDSCAPING AND BEAUTIFUL OAK TREES WITH 4 -2 BEDROOMS AND 1 -1 BEDROOMS WHICH BRINGS IN EXCELLENT RENTS. THERE HAS BEEN SPECIAL IMPROVEMENTS TO THE BUILDING INCLUDING NEW IMPACT GLASS WINDOWS, NEW CUSTOMIZED ROOF, TANKLESS HOT WATER HEATERS, NEW UPDATED ELECTRICAL SYSTEM, UPGRADES TO THE INSIDE INCLUDING COMPLETE REMODEL IN # 3, COMPLETE PANTING IN 2022, FULLY FENCED IN YARD, AND MANY MORE! THERE IS ALSO COIN LAUNDRY ON THE PREMISES. TRULY A MUST SEE, MAKE OFFER!

THE DETAILS

Property details

List Price$1,250,000
Price / Unit$312,500
Units4
Cap Rate7.65%
Gross Income$117,600/yr
Net Operating Income$95,600
Inside Sq Ft4,074
Year Built1925
ConstructionFrame
ZoningSF-R (city)
Lot Dimensions50.0 ft x 0.0 ft
Property TypeQuadruplex
MLS #B26092508
StatusActive
Original List Price$1,250,000
GRM10.6
Tenant PaysCable TV, Electricity, Gas
Stories3
Show all details (8 more)
Lot Size0.23 acres
WaterfrontNo
ViewGarden
Days on Market0
Annual Taxes$16,066
FlooringCarpet, Laminate, Tile, Wood
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Tyler Melik
FEATURED AGENT
Tyler Melik
Real Estate Specialist

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