Basic Information
- MLS # A10724641
- Type Multi Family
- Status Closed
- Year Built 1961
- Total Sqft 6,713
- Date Listed 08/16/2019
- Days on Market 180
Great Income Property located on the nice area of S Federal Hwy in Lake Worth. This Multifamily features 12 1 bed1bath units all rented for a total monthly income of 10,225.00 and an annual income of 109,530.00.Vacant units are extremely easy to occupy due to the high demand in the area.Furthermore, the area is gaining a lot of popularity among investors and property values are increasing dramatically.The cap rate for this Property is 10, do not miss this opportunity!!
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Brick, Block
- Parking Description Assigned, Common
- Style Multi Family
Interior Features
- Adjusted Sqft 6,713Sq.Ft
- Cooling Description Central Air
- Floor Description Carpet, Ceramic Tile
- Heating Description Central, Electric, Gas
- Sqft 6,713 Sq.Ft
Property Features
- Address 1109 S Federal Hwy
- Aprox. Lot Size 6,713
- Construction Materials Brick, Block
- Furnished Info no
- Listing Terms Cash
- Subdivision Complex
- Subdivision Info
- Tax Amount $6,348
- Tax Legal desc ADD 1 TO TOWN OF LAKE WORTH LOT 11 BLK 48
- Tax Year 0
- Terms Considered Cash
- Type of Property Multi Family
1109 S Federal Hwy
Lake Worth, FL 33460Similar Properties For Sale
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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: RentPro Florida. tel: 561 327 6056
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