4085 Herbertz Rd, Lake Worth Beach, FL 33461, USA
4085 Herbertz Rd, Lake Worth Beach, FL 33461, USA
$1,695,000
Basics
- Year built: 1979
- Status: Active
- Price per sqft: $288.27
- Date added: Added 2 months ago
- Building size (SF): 5880.00 sq ft
- Acres: 0.86 sq ft
- For Sale: Yes
- For Lease: No
- Listing Office Name: Re/Max Direct
Description
-
Description:
Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Show all description
Location
- County: Palm Beach
- Subdivision: PALM BEACH FARMS CO 7
- State: Florida
- City / Department: Lake Worth Beach
- Legal Description: PALM BEACH FARMS CO PL NO 7 E 158.72 FT OF S 1/2 OF LOT C (LESS N 20 FT) ALL OF LOT D & LT E (LESS S 70 FT) BLK 15
- Zoning: RM
- Land Use: Income
- Parcel ID: 00434430010150032
- Waterfront Details: None
- Utilities: Electric, Public Water, Septic
Building Details
- Type: MultiFamily (5+ Units)
- Building Type: Resident. Multi-Fam.
- Heating: Central
- Construction: CBS
- Floor covering: Laminate, Tile
- Roof: Comp Shingle
- Real Estate Taxes: $16,606.40
- Tax Year: 2023
- Cooling: Central
- Docs Available: None
- Info Available: Copies of Lease,Existing Survey
Additional Info
- Listing Agent: Daniel J DeRogatis
- Listing Agent Phone: (561) 305-5500
- Agent Id: 63043169
- Listing Office: Re/Max Direct
- MLS ID: RX-10997026
- MLS Source: Realtor Association of the Palm Beaches (RAPB)