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4063 Herbertz, Lake Worth, FL 33461

Commercial For Sale
$1,695,000

BTC: 17.06948640

ETH: 508.09352518

158 days
0 room(s)
5,880 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% 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.

Location

Florida • Lake Worth • 33461 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1979
Lot:
No Data
Heating:
No Data
Price/sqft:
$288
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 00434430010150032

    • Zoning: RM

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $16,606

  • Source details

    • MLS ID: RX-10997026

    Other facts

    • Direction Faces: Located south off Lake Worth Road between Military Trail and Congress Ave. From Lake Worth Road turn south onto Herbertz Road. The destination will be on your right side.

    • Living Area: 5880

    • Subdivision Name: PALM BEACH FARMS CO 7

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Re/Max Direct