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311 S J Street

Lake Worth, FL 33460
  • $450,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: RX-10724959
UPDATED: 86 min ago
$450,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,582
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Information

Description

Fully renovated triplex in historic Lake Worth blocks from Lake Ave with shopping, restaurants. The 3 units are fully occupied with high quality tenants in place. Tenants always pay on time and are super respectful. There is an opportunity for an increase in rents. Tenants pay electric/water, Parking is available in rear or on street. GROSS CAP RATE top 13%. Viewing by appointment only.

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www.doyouneedahome.com/homes/118458259
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311 S J Street Lake Worth, FL 33460

  • Price: $450,000
  • Status: Active
  • Updated: 86 min ago
  • ID#: RX-10724959
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,582
SQFT
$284
$/SQFT
1945
Built
Neighborhood:
Town Of Lake Worth
County:
Palm Beach
Area:
Lake Worth
Elementary School:
South Grade Elementary School
Middle School:
Lake Worth Community Middle
High School:
Lake Worth High School
Property Description
Fully renovated triplex in historic Lake Worth blocks from Lake Ave with shopping, restaurants. The 3 units are fully occupied with high quality tenants in place. Tenants always pay on time and are super respectful. There is an opportunity for an increase in rents. Tenants pay electric/water, Parking is available in rear or on street. GROSS CAP RATE top 13%. Viewing by appointment only.
Exterior Features

Carport Spaces 4.00 Construction FrameMixedWoodside Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Aluminum Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Carport - DetachedNone View City Waterfront Description None Waterfront YN No

Interior Features

Cooling None Flooring Laminate Heating Other Unit1 Bedrooms 1 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 0 Unit2 Bedrooms 1 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 0 Unit3 Bedrooms 2 Unit3 Full Baths 2 Unit3 Sq Ft 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 44100.00 Annual Total Expenses 7000.00 Available Info None Built Desc Resale Gross Operating Income 3675.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Triplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Special Info Sold As-Is Sq Ft Total 1582.00 Subdivision Amenities None Tax Amount 6570.00 Tax Year 2020 Taxes City/County Tenant Pays CableCommon Area MaintElectricRepairsWater Terms Considered CashConventional Unit1 Lease Ends 2022-06-30 Unit1 Monthly Income 1100.00 Unit2 Lease Ends 2022-03-31 Unit2 Monthly Income 1050.00 Unit3 Lease Ends 2022-07-31 Unit3 Monthly Income 1425.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic Water Zoning Resdiential

Listing provided courtesy of Coldwell Banker Realty. Listing information © 2021 BeachesMLS
 
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