Active
4063 Herbertz Road
Lake Worth FL, 33461
$1,899,700
Active
Commercial
Built in 1979
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 6.11% 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.
R10918418
MLSⓇ ID
September 10, 2023
Listed
May 9, 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
$13,261
Tax Frequency
Annually
Days on Market
193
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by: Re/Max Direct
Listing Contact: (561) 305-5500
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
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Data last updated 3:40 PM UTC, 5/9/2024
