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$1,620,000
4063 Herbertz RoadLake Worth, FL 33461
Multi Family|Sold 03/14/2025
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1979
Built
Subdivision:
PALM BEACH FARMS CO 7
County:
Palm Beach
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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.
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
N/A
Lot Size
0.86 Acres
Year Built
1979
MLS® Number
R10997026
Status
Sold
Property Tax
$16,606
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
17 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.86
Lease Term
12 Months
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Septic Tank
Stories
One
Utilities
Electricity AvailableWater Available
Water Source
Public
Zoning
RM
Interior Features
Cooling
Central Air
Flooring
LaminateTile
Heating
Central
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Exterior Features
Construction Details
Block
Roof
CompositionShingle
Community Features
Financing Terms Available
CashConventional
MLS Area
5700
Neighborhood & Commute
Source: Walkscore
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