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

 

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