Active
4063 Herbertz Road
Lake Worth FL, 33461
$1,695,000
Active
Commercial
Built in 1979
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.
R10997026
MLSⓇ ID
June 18, 2024
Listed
November 22, 2024
Updated
Map
4063 Herbertz Road
Lake Worth FL, 33461
Interior Features
Total Stories
1
Floor Description
Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.86 Acres
Roof
Composition, Shingle
Sewer
Septic Tank
Other Property Details
Area Name
5700
Taxes
$16,606
Tax Frequency
Annually
Days on Market
112
Garage
No
View
No
County
Palm Beach
Water Source
Public
Pool
No
Listed by: Re/Max Direct
Listing Contact:
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Data last updated 6:40 PM UTC, 11/22/2024