FL > Lake Worth > Lake Worth Town Of
Lake Worth, FL 33460,605 S J St
Lake Worth, FL 33460,605 S J St
Lake Worth, FL 33460,605 S J St
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$940,000
Est. payment /mo
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3,000 SqFt
Price Dropped by $40K

605 S J St Lake Worth, FL 33460

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Elena Krasnopolski-Harilaou

Elena Krasnopolski-Harilaou

Elena Krasnopolski-Harilaou

+1(206) 250-4003

UPDATED:

03/06/2025 11:11 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $313

Subdivision Lake Worth Town Of

MLS Listing ID A11734209

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1921

Annual Tax Amount $12,847

Tax Year 2024

Property Sub-Type Quadruplex

Property 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: 5.75%, Net Revenue: $52,591.
Don't miss this opportunity!

Location

State FL

County Palm Beach

Community Lake Worth Town Of

Area 4120

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Other

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 38434421152070100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11734209

Listed by Beachfront Realty Inc

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agent

Elena Krasnopolski-Harilaou

Agent | License ID: 3386081

+1(206) 250-4003

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605 S J St