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    1401 S Federal Highway , #1

    Lake Worth, FL 33460
    • $2,300,000
    • STATUS: Active Under Contract
    • ON SITE: 237 days
    • ID#: RX-10579535
    Under Contract
    UPDATED: 30 min ago
    $2,300,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,180
      SQFT
    • $142
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    Wow fully leased up 20 units on fed highway in lake worth ,18 units are very large 1 bedroom one bathroom , two units are 3 bedroom 3 baths , Gross income 264k . call listing broker for showings 786-413-2638

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    www.westpalmhomesearch.com/homes/101145654
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    1401 S Federal Highway , #1 Lake Worth, FL 33460

    • Price: $2,300,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • ID#: RX-10579535
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    16,180
    SQFT
    $142
    $/SQFT
    1971
    Built
    Neighborhood:
    Aruba Arms Condo
    County:
    Palm Beach
    Area:
    Lake Worth
    Property Description
    Wow fully leased up 20 units on fed highway in lake worth ,18 units are very large 1 bedroom one bathroom , two units are 3 bedroom 3 baths , Gross income 264k . call listing broker for showings 786-413-2638
    Exterior Features

    Carport Spaces 0.00 Construction CbsConcrete Exterior Features Covered Balcony Lot Description 1/2 To < 1 Acre Private Pool Description Inground Private Pool YN Yes Roof Built-Up Unit1 Parking Space Parking Unit2 Parking Space Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Individual Flooring TileVinyl Floor Heating Central Individual Unit1 Desc Electric MeterRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 700 Unit2 Desc Electric MeterRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 700 Unit3 Sq Ft 700 Unit4 Sq Ft 700

    Property Features

    Annual Net Operating Income 151000.00 Annual Total Expenses 112000.00 Available Info DepositDeposit SecurityLeases Built Desc Resale Contingent Contingent Contingents Inspection Gross Operating Income 264000.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions Other Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 16180.00 Subdivision Amenities Pool Tax Amount 38000.00 Tax Year 2019 Taxes No Homestead Tenant Pays CableElectric Terms Considered ConventionalExchange Unit1 Monthly Income 1200.00 Unit2 Monthly Income 1200.00 Unit3 Monthly Income 1200.00 Unit4 Monthly Income 1200.00 Utilities CableElectricPublic SewerPublic Water Zoning Po/Mf-

    Listing provided courtesy of Peak Realty Llc. Listing information © 2020 BeachesMLS
     
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    Ryan Jennings Group at Keller Williams Realty
    12008 South Shore Blvd.
    Wellington FL, 33414