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Priced at Only: $480,000
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Property Location and Similar Properties
- MLS#: RX-11080470 ( Duplex )
- Street Address: Address Not Provided
- Viewed: 25
- Price: $480,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1957
- Bldg sqft: 0
- Days On Market: 262
- Additional Information
- Geolocation: 26.6002 / -80.0546
- County: PALM BEACH
- City: Lake Worth Beach
- Zipcode: 33460
- Subdivision: Lake Worth Town Of Add 1
- Provided by: RPM LUXE REALTY
- Contact: Rodger P Morelli
- (561) 929-7317
- DMCA Notice
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DescriptionAmazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like to sell as is. Situated on an oversized corner lot with room for a pool and/or future expansion. The location in East Lake Worth Beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more.
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Building and Construction
- Absolute Longitude: 80.054649
- Construction: CBS, Concrete
- Exterior Features: Room for Pool, Shutters
- Flooring: Ceramic Tile
- Roof: Tar/Gravel
- Sqft Source: Tax Rolls
- Sqft Total: 1318.00
- Total Building Sqft: 1246.00
Property Information
- Property Condition: Resale
- Property Group Id: 19990816212116581394000000
Land Information
- Lot Description: < 1/4 Acre
- Lot Dimensions: 50.0 ft x 135.0 ft
- Subdivision Information: None
Eco-Communities
- Private Pool: No
- Storm Protection Accordion Shutters: Complete
- Waterfront Details: None
Utilities
- Carport Spaces: 0.00
- Cooling: Electric
- Heating: Other
- Number Of Stories: 1.0
- Separate Elec Meters: Yes
- Separate Wtr Meters: No
- Utilities: Cable, Gas Natural, Public Sewer, Public Water
Finance and Tax Information
- Home Owners Association poa coa Monthly: 0.00
- Homeowners Assoc: None
- Income Expenses Annual Net Oper Inc: 35617.00
- Income Expenses Annual Total Expense: 18083.00
- Income Expenses Gross Operating Inc: 53700.00
- Source Of Expenses: Owner
- Tax Year: 2024
Rental Information
- Tenant Pays: Cable, Electric
Other Features
- Avail Info: Leases
- Country: United States
- Housing For Older Persons Act: No Hopa
- Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LT 16 BLK 55
- Spa: No
- Parcel Id: 38434427010550160
- Special Assessment: No
- Special Info: Sold As-Is
- View: Other
- Views: 25
- Zoning: SF-R(c
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