THIS DEAL IS PART OF A 32 UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805 809 817 821 S H STRONG VALUE ADD PLAY DOUBLE ...
| Website: | https://www.nestseekers.com/5424942 |
|---|---|
| Address: | Lake Worth, FL 33460 |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Price:$1,900,000
Annual Taxes:$25,782
Description
THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H
STRONG VALUE-ADD PLAY — DOUBLE QUADPLEX CASH FLOW BEAST!
Serious investors — this is the kind of high-performing, low-expense multifamily asset that rarely hits the market. 714 South F Street, Lake Worth delivers two solid CBS quadplexes (8 total units) with major capital improvements already completed and strong in-place income from day one.
Durable construction. Proven cash flow. Built-in upside.
PROPERTY HIGHLIGHTS:
2 quadplex buildings (8 total units)
Eight spacious 2BR/1BA apartments
Over $15,000/month in reliable gross income
Owner pays < $600/month in utilities
MAJOR CAPITAL IMPROVEMENTS COMPLETED:
New AC systems
Solid roofs
New flooring
Updated water heaters
Upgraded appliances
Result: Minimal near-term capex + strong operating efficiency
TENANT MAGNET LOCATION:
Positioned in a high-demand rental corridor surrounded by stable, desirable communities. Tenants love the frictionless access to:
Major employment hubs
Schools
Downtown Lake Worth
Area beaches and parks
Key arteries: 6th Ave, Dixie Hwy, and I-95
WHY THIS DEAL DOMINATES:
Strong in-place cash flow
low operating expenses
Big-ticket improvements already done
Highly desirable 2BR/1BA
Proven tenant demand
Perfect for the hands-on investor who knows how to push rents, tighten operations, and unlock the next level of performance.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11971352
Amenities
- CableAvailable
- QuarterToHalfAcreLot
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of BAWONS Properties, Inc | |