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621 S M Street

Lake Worth Beach, FL 33460
  • $649,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: RX-11026992
UPDATED: 57 min ago
$649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,957
    SQFT
  • $332
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Explore this triplex in Lake Worth Beach, offering a lucrative investment with two recently updated units featuring new granite countertops, modern flooring, impact windows, and new appliances. Benefit from high rental income, with a location prime for both long-term and short-term rentals. The second structure includes a customizable two-story unit and a ready-to-finish garage, adding significant value. Near downtown, the property promises excellent pedestrian-friendliness and a strategic opportunity for investors to boost a partly upgraded asset in a booming market. will not last!

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www.evluxuryrealestate.com/homes/156406301
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621 S M Street Lake Worth Beach, FL 33460

  • Price: $649,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 57 min ago
  • ID#: RX-11026992
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,957
SQFT
$332
$/SQFT
1925
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Explore this triplex in Lake Worth Beach, offering a lucrative investment with two recently updated units featuring new granite countertops, modern flooring, impact windows, and new appliances. Benefit from high rental income, with a location prime for both long-term and short-term rentals. The second structure includes a customizable two-story unit and a ready-to-finish garage, adding significant value. Near downtown, the property promises excellent pedestrian-friendliness and a strategic opportunity for investors to boost a partly upgraded asset in a booming market. will not last!
Exterior Features

Carport Spaces 0.00 Construction FrameStucco Exterior Features None Lot Description East of US-1Public RoadSidewalks Private Pool YN No Roof Other Storm Protection Impact Glass Partial Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentralElectric Flooring Other Heating CentralElectric Unit1 Bedrooms 1 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 320 Unit2 Bedrooms 2 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 0 Unit3 Bedrooms 3 Unit3 Full Baths 1 Unit3 Sq Ft 0

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 28200.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes None Multifamily Type Triplex REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Sq Ft Total 2037.00 Subdivision Amenities None Tax Amount 8628.98 Tax Year 2023 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventionalFHAVA Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 2350.00 Utilities CableElectricPublic SewerPublic Water Zoning SF-R

Listing provided courtesy of Coldwell Banker Realty /Delray Beach: . Listing information © 2024 BeachesMLS
 
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Thomas Kane | TrustLarry Real Estate
3111 Bayview Drive
Fort Lauderdale FL, 33306