Basic Information

  • MLS # A11734209
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Lake Worth Town Of
  • Year Built 1921
  • Total Sqft 3,000
  • Date Listed 01/31/2025
  • Days on Market 87
Description

Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591. Don’t miss this opportunity!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Description
  • Roof Description Other

Interior Features

  • Adjusted Sqft 3,000Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Sqft 3,000 Sq.Ft

Property Features

  • Address 605 S J St
  • Aprox. Lot Size 3,416
  • Architectural Style Fourplex
  • Association Fee Frequency Monthly
  • City Lake Worth
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Lake Worth
  • Public Survey Section One
  • Public Survey Township 38
  • Roof Other
  • Sewer Description Other
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lake Worth Town Of
  • Tax Amount $12,847
  • Tax Information T O W N O F L A K E W O R T H L O T10 B L K207
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

605 S J St

Lake Worth, FL 33460

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc. tel: 954-938-7401

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