4063 Herbertz Road
Lake Worth, FL 33461

Property

Ownership: Commercial
Type: Multi-Family
Area: 5700 sq ft

Financials

Price: $1,899,700
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Courtesy of Re/Max Direct

Description

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.

Unbranded Virtual Tour: https://www.propertypanorama.com/4063-Herbertz-Road-Lake-Worth-FL-33461--RX-10918418/unbranded

Investment Opportunity ! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100 occupied and priced at a 6.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.