Skip To Content

931 N J Street

Lake Worth, FL 33460
  • $810,000
  • STATUS: Active
  • ON SITE: 167 Days
  • ID#: RX-11040647
Price Reduced
UPDATED: 24 min ago
$810,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,180
    SQFT
  • $372
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2025
County:
Area:

School Information

Description

STUNNING LARGE TWO SINGLE-FAMILY HOMES for the price of one! 2,180 SQFT OF COMBINED LIVING SPACE! Perfect opportunity for investors. 100% Occupied: BOTH HOUSES PRODUCING INCOME. House 'B' is BRAND NEW CONSTRUCTION 2025. Currently operating on a CAP of 6.7% and NOI of $54,203/year! Corner Lot, and in a GREAT LOCATION for marketing and obtaining tenants quickly! Sit back & relax, & own this Class A property requiring little to no maintenance per year! Tenants take care of lawn maintenance, they pay on time, & TENANTS PAY UTILITIES. Great tenants! Located in the heart of Lake Worth HISTORIC DISTRICT, easy to access downtown's shopping, dining, and attractions, minutes away from the beach! NO HOA. Each House w/ DESIGNATED PARKING SPACES. Brand New Appliances, New Roofs, & Impact Windows/Doors

Monthly Payment Calculator

www.kaufman-propertiesfl.com/homes/158332181
Print Image

931 N J Street Lake Worth, FL 33460

  • Price: $810,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 24 min ago
  • ID#: RX-11040647
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,180
SQFT
$372
$/SQFT
2025
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth
Elementary School:
North Grade Elementary School
Middle School:
Lake Worth Community Middle
High School:
Lake Worth High School
Property Description
STUNNING LARGE TWO SINGLE-FAMILY HOMES for the price of one! 2,180 SQFT OF COMBINED LIVING SPACE! Perfect opportunity for investors. 100% Occupied: BOTH HOUSES PRODUCING INCOME. House 'B' is BRAND NEW CONSTRUCTION 2025. Currently operating on a CAP of 6.7% and NOI of $54,203/year! Corner Lot, and in a GREAT LOCATION for marketing and obtaining tenants quickly! Sit back & relax, & own this Class A property requiring little to no maintenance per year! Tenants take care of lawn maintenance, they pay on time, & TENANTS PAY UTILITIES. Great tenants! Located in the heart of Lake Worth HISTORIC DISTRICT, easy to access downtown's shopping, dining, and attractions, minutes away from the beach! NO HOA. Each House w/ DESIGNATED PARKING SPACES. Brand New Appliances, New Roofs, & Impact Windows/Doors
Exterior Features

Carport Spaces 0.00 Construction BlockConcrete Exterior Features Zoned Sprinkler Lot Description East of US-1 Lot Dimensions 135x50 Private Pool YN No Roof Comp Shingle Storm Protection Impact Glass Complete Unit1 Parking Open Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Vinyl Floor Heating Central Unit1 Bedrooms 3 Unit1 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - GasRefrigeratorSplit BedroomsWasher Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 974 Unit2 Bedrooms 3 Unit2 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSmoke DetectorSplit BedroomsWalk-in ClosetsWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 1206

Property Features

Annual Net Operating Income 54203.00 Annual Total Expenses 10597.00 Auction No Available Info Leases Built Desc New Construction Gated Community No Gross Operating Income 64800.00 Homeowners Association None HOPA No Hopa List Office Board Code Greater Fort Lauderdale Realtors Maintenance Fee Includes A/C Maintenance Multifamily Type Duplex Possession At Closing REO No Restrictions Lease OK Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 2180.00 Subdivision Amenities None Tax Amount 6797.00 Tax Year 2024 Taxes City/County Tenant Pays CableElectricGasRepairsWater Terms Considered CashConventionalExchangeFHAVA Unit1 Lease Ends 2025-10-31 Unit1 Monthly Income 2400.00 Unit2 Lease Ends 2026-04-30 Unit2 Monthly Income 3000.00 Utilities ElectricGas NaturalLake Worth Drain Dis Zoning SF-TF-14

Listing provided courtesy of LoKation: . Listing information © 2025 BeachesMLS
 
https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-11040647-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-11040647-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-11040647-2.jpg
Logo
Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432