4063 HERBERTZ RD LAKE WORTH, FL 33461

Features

• Price/sqft: $288
• Lot Size: 37335.00 sq. ft.
• Total Units: 3
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 1
• Roof Type: Asphalt
• Heating: Central Furnace
• Construction Type: Masonry
• Exterior Walls: Concrete Block

Facts

• Year Built: 01/01/1979
• Property ID: 892935042
• MLS Number: RX-10997031
• Parcel Number: 00-43-44-30-01-015-0032
• Property Type: Townhouse or Condo
• County: Palm Beach
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% 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.