417 N E Street

    Lake Worth, FL 33460
    • $729,000
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: RX-10594523
    $729,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,588
      SQFT
    • $203
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    Description

    Current 8% cap rate! Won't last! Fully occupied 6unit building in Lake Worth. All 1/1s, updated floors, kitchens, and paint! Updated water heaters & ACs! Plenty of parking, spacious floorpans, closets and more! One water meter and 7 electric meters (1 for each unit and 1 for the building). Rents are $1250, $1000, $1150, $1050, $1000, $1000. Total Gross Annual Gross Income: $77,400/year. Insurance - $1500, Water - $3000, Landscaping - $900, Taxes - $11,000. Total expenses: $16,400. Current 8% cap rate!

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2020 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2020-05-29T00:02:00.643.
    www.westpalmhomesearch.com/homes/102502593

    417 N E Street Lake Worth, FL 33460

    • Price: $729,000
    • Status: Active
    • ID#: RX-10594523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,588
    SQFT
    $203
    $/SQFT
    1979
    Built
    Neighborhood:
    Lake Worth Town Of
    County:
    Palm Beach
    Area:
    Lake Worth
    Property Description
    Current 8% cap rate! Won't last! Fully occupied 6unit building in Lake Worth. All 1/1s, updated floors, kitchens, and paint! Updated water heaters & ACs! Plenty of parking, spacious floorpans, closets and more! One water meter and 7 electric meters (1 for each unit and 1 for the building). Rents are $1250, $1000, $1150, $1050, $1000, $1000. Total Gross Annual Gross Income: $77,400/year. Insurance - $1500, Water - $3000, Landscaping - $900, Taxes - $11,000. Total expenses: $16,400. Current 8% cap rate!
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 75.0 Ft X 135.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Wall-Win A/C Flooring Tile Heating Other Unit1 Bedrooms 1 Unit1 Desc Kitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 550 Unit2 Bedrooms 1 Unit2 Desc Kitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 550 Unit3 Bedrooms 1 Unit3 Full Baths 1 Unit3 Sq Ft 550 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Sq Ft 550

    Property Features

    Annual Net Operating Income 61000.00 Annual Total Expenses 16400.00 Available Info Leases Built Desc Resale Gross Operating Income 77400.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes Pest Control Multifamily Type Quad Plex Possession Funding REO No Restrictions None 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 3588.00 Subdivision Amenities None Tax Amount 11135.10 Tax Year 2019 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1250.00 Unit2 Monthly Income 1050.00 Unit3 Monthly Income 1000.00 Unit4 Monthly Income 1000.00 Utilities Public Sewer Zoning Sf-Tf-

    Listing provided courtesy of Posh Properties. Listing information © 2020 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2020 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2020-05-29T00:02:00.643.
     
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