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412 N C Street

Lake Worth Beach, FL 33460
  • $520,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: RX-10836241
UPDATED: 53 min ago
$520,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,830
    SQFT
  • $284
    $/SQFT
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Description

Fully-rented LEGAL 4-UNIT MULTIFAMILY COMPLEX in thriving LAKE WORTH BEACH! Desirable NORTH SIDE of the city. Just four blocks from Lake Avenue, and biking distance to the ocean! Three free-standing buildings comprise this irresistibly charming income-producing property. Situated on a DOUBLE LOT with off-street parking! In addition to the four residential apartments, there's also a garage, and a communal laundry room with coin-operated machines. Attractive courtyard area too. Rent amounts are significantly below market, can easily be increased (all tenants are on month-to-month occupancy, no leases). Multifamily properties are scarcely available for sale in The City of Lake Worth Beach... Here's a fine opportunity to diversify and enhance your real estate portfolio!

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www.palmbeachcountyluxurylistings.com/homes/133644419
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412 N C Street Lake Worth Beach, FL 33460

  • Price: $520,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 53 min ago
  • ID#: RX-10836241
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,830
SQFT
$284
$/SQFT
1942
Built
Neighborhood:
Town Of Lake Worth: Tropical Ridge
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Fully-rented LEGAL 4-UNIT MULTIFAMILY COMPLEX in thriving LAKE WORTH BEACH! Desirable NORTH SIDE of the city. Just four blocks from Lake Avenue, and biking distance to the ocean! Three free-standing buildings comprise this irresistibly charming income-producing property. Situated on a DOUBLE LOT with off-street parking! In addition to the four residential apartments, there's also a garage, and a communal laundry room with coin-operated machines. Attractive courtyard area too. Rent amounts are significantly below market, can easily be increased (all tenants are on month-to-month occupancy, no leases). Multifamily properties are scarcely available for sale in The City of Lake Worth Beach... Here's a fine opportunity to diversify and enhance your real estate portfolio!
Exterior Features

Carport Spaces 0.00 Construction Frame Exterior Features Extra Building Lot Description Interior Lot Lot Dimensions 50' X 135' Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring Ceramic Tile Heating No Heat Unit1 Bedrooms 1 Unit1 Desc Range - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 487 Unit2 Bedrooms 1 Unit2 Desc Range - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 487 Unit3 Bedrooms 1 Unit3 Desc Range - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 428 Unit4 Bedrooms 1 Unit4 Desc Range - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Sq Ft 428

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 48000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Info Sold As-Is Sq Ft Total 2145.00 Subdivision Amenities None Tax Amount 7669.00 Tax Year 2021 Taxes City/County Tenant Pays Electric Terms Considered Cash Unit1 Monthly Income 1000.00 Unit2 Monthly Income 1000.00 Unit3 Monthly Income 1000.00 Unit4 Monthly Income 1000.00 Utilities ElectricPublic SewerPublic Water Zoning Sfr

Listing provided courtesy of Southdale Properties Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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Jupiter FL, 33458