For Sale
For Sale
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Year Built
1980
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Total Building Size
4,536 RSF
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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.
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 TypeMulti-Family
- Year Built1980
- Sale Price$425,000
- Total Building Size4,536RSF
- Total Acres0.2
- Number of Floors1
- Zoning14
- Property ID479015