$1,000,000 USD
Apartment for Sale, 605 S J St, Lake Worth, Florida 33460
- MLS#A11734209
279 m² (3,000 ft²)
Listed By Beachfront Realty Inc
The Apartment for Sale located at 605 S J St, Lake Worth, Florida 33460 is currently for sale. 605 S J St, Lake Worth, Florida 33460 is listed for $1,000,000.
Date Updated : Mar 19, 2025
Property features
Property
- Property size:
279 m² (3,000 ft²)
Construction
- Year built: 1921
- Construction: Attached
Heating and Cooling
- Heating system: Central
- Cooling system: Central AC
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
605 S J St, Lake Worth, Florida 33460