Modern Living Group
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$795,000ACTIVE

520 N E Street, Lake Worth Beach, FL 33460

beds0baths3,416sq ft$233/ sq ft
THE RESIDENCE

About this home

Discover this two-story quadruplex located in Lake Worth Beach, offering 3,500 square feet of finished living space. Has separate house in back which could be owner occupied. Nicely maintained units and great cash flow for investors! All units have been redone in the last two years. 7 off street parking spaces. Laundry facility. Current rents of $80,000/yr. Quiet residential neighborhood. Each unit has own water heater. Most HVAC units less than 3 years old. Unit 2 has own private balcony. Unit 3 is a one bedroom and one bath unit at 630sf. It is rented for $1500/mth. Unit 4 is a two bedroom and two bath house rented for $1900/mth

THE DETAILS

Property details

List Price$795,000
Price / Unit$397,500
Units2
Cap Rate7.05%
Gross Income$80,340/yr
Net Operating Income$56,040
Inside Sq Ft3,416
Year Built1925
ConstructionFrame, Stucco
FlooringLaminate, Wood
ZoningSF-TF-14 (city)
Property TypeQuadruplex
MLS #B26043865
StatusActive
Original List Price$795,000
GRM9.9
Tenant PaysCable TV, Electricity
Stories2
Show all details (7 more)
Lot Size0.16 acres
WaterfrontNo
ViewOther
Days on Market1
Annual Taxes$14,610
CityLake Worth Beach
Zip Code33460
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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