• 1115 19th Ave N, Lake Worth, FL 33460

For Sale

Multi-Family

For Sale

This property is available for sale
0.2
Acres
$425,000
Sale Price
  • Year Built
    1980
  • Total Building Size
    4,536 RSF
  • Overview

    PRICED REDUCED!!! This is a 4 unit apartment building. Located just steps to Dixie Hwy in up and coming Lake Worth. The units feature 2BR 1BA 1Car Garage. Building is well maintained. Long term tenants. All units have Central A/C. Current rents are below market new owner has the ability to increase rents to current market rates. Cap rate is 5.4%. Projected profroma cap rate is 10.3% at market rate rents.

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Property Details

Multifamily For Sale

PRICED REDUCED!!! This is a 4 unit apartment building. Located just steps to Dixie Hwy in up and coming Lake Worth. The units feature 2BR 1BA 1Car Garage. Building is well maintained. Long term tenants. All units have Central A/C. Current rents are below market new owner has the ability to increase rents to current market rates. Cap rate is 5.4%. Projected profroma cap rate is 10.3% at market rate rents.

  • Property Type
    Multi-Family
  • Year Built
    1980
  • Sale Price
    $425,000
  • Total Building Size
    4,536RSF
  • Total Acres
    0.2
  • Number of Floors
    1
  • Zoning
    14
  • Property ID
    479015

Landlord's Sales Representative

  • Rachel Cruz
    Tru Agent Real Estate