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825 Truman Avenue

Lake Worth Beach, FL 33460
  • $1,300,000
  • STATUS: Active
  • ON SITE: 218 Days
  • ID#: RX-10984901
UPDATED: 47 min ago
$1,300,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,409
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Cash Flow Monster! Fully leased and stabilized: $11,500/m rental income plus laundry room income. All 4 units remodeled. Property sits on a corner lot (zoned MF 10) with ample parking and adjacent to Howard Park (family bbq, playgrounds, soccer, bbq) and the LWB Community Center. Very desirable area for families. Stabilized asset, please do not disturb the tenants. The property is located within 5 minutes from LWB Downtown, groceries, restaurants, the beach and near the Palm Beach State College.

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www.kaufman-propertiesfl.com/homes/150254523
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825 Truman Avenue Lake Worth Beach, FL 33460

  • Price: $1,300,000
  • Status: Active
  • On Site: 218 Days
  • Updated: 47 min ago
  • ID#: RX-10984901
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,409
SQFT
$381
$/SQFT
1960
Built
Neighborhood:
Parkview Heights
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Cash Flow Monster! Fully leased and stabilized: $11,500/m rental income plus laundry room income. All 4 units remodeled. Property sits on a corner lot (zoned MF 10) with ample parking and adjacent to Howard Park (family bbq, playgrounds, soccer, bbq) and the LWB Community Center. Very desirable area for families. Stabilized asset, please do not disturb the tenants. The property is located within 5 minutes from LWB Downtown, groceries, restaurants, the beach and near the Palm Beach State College.
Exterior Features

Carport Spaces 1.00 Construction CBSConcrete Exterior Features Covered PatioExtra BuildingFenceFruit Tree(s)Shutters Lot Description < 1/4 AcreCorner LotWest of US-1 Private Pool YN No Roof Comp Shingle Storm Protection Accordion Shutters Partial Unit1 Parking Open Parking Unit2 Parking Open Parking View GardenPreserve Waterfront Description None Waterfront YN No

Interior Features

Cooling Ceiling FanCentral IndividualWall-Win A/C Flooring Clay TileVinyl Floor Heating Central IndividualWindow/Wall Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 950 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800 Unit3 Sq Ft 1450 Unit4 Sq Ft 500

Property Features

Annual Net Operating Income 98000.00 Annual Total Expenses 40000.00 Auction No Available Info Investment AnalysisOther Built Desc Resale Gated Community No Gross Operating Income 138000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions Buyer Approval Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses BooksOwnerProforma Special Info Sold As-Is Sq Ft Total 3765.00 Subdivision Amenities None Tax Amount 15712.20 Tax Year 2023 Taxes City/County Tenant Pays CableInsurance Terms Considered CashConventional Unit1 Monthly Income 2500.00 Unit2 Monthly Income 2150.00 Unit3 Monthly Income 5250.00 Unit4 Monthly Income 1600.00 Utilities CableElectricPublic SewerPublic Water Zoning MF

Listing provided courtesy of Keller Williams Coastal Partners: . Listing information © 2024 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432