605 S J St, Lake Worth, Florida 33460
MLS#: A11734209
$1,000,000 USD
- Apartment
279 m² (3,000 ft²)
Listed By Beachfront Realty Inc
The Apartment for Sale located at Lake Worth, Florida 33460 is currently for sale. Lake Worth, Florida 33460 is listed for $1,000,000. This property has Total Parking features. If the property located at Lake Worth, Florida 33460 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Apartments for Sale in Lake Worth .
Date Updated : Mar 19, 2025
Property features
Key features
- Total Parking
Construction details
- Year built: 1921
Other features
- Cooling system: Central AC
- Heating system: Central
Area
- Property size:
279 m² (3,000 ft²)
Description
Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591.
Don’t miss this opportunity!
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.