Bought with Lillis Coastal Realty
$300,500
$275,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
520 N J ST Lake Worth, FL 33460
2 Beds
2 Baths
960 SqFt
Key Details
Sold Price $300,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $313
Subdivision Town Of Lake Worth
MLS Listing ID RX-10736762
Bedrooms 2
Full Baths 2
Year Built 1956
Annual Tax Amount $4,115
Tax Year 2020
Lot Size 6,750 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY! WELL MAINTAINED DUPLEX WITH LONG TERM TENANTS. SHORT WALK TO NEARBY PUBLIX AS WELL AS NUMEROUS RESTAURANTS & SHOPS ON LAKE & LUCERNE AVE. EASY BIKE RIDE TO THE BEACH. CAP RATE = 6.27%. WITH RENT RATES BELOW MARKET! AT MARKET RATES CAP RATE = 6.79%! PROPERTY NEEDS NO WORK - 2 YEAR OLD ROOF. CBS CONSTRUCTION. BEST DUPLEX INCOME PROPERTY ON THE LAKE WORTH MARKET. SHARED LAUNDRY FACILITY AND STORAGE SHED IN YARD ACCESSED BY BOTH TENANTS, SEPARATE PATIOS.
Location
State FL
County Palm Beach
Area 5620
Zoning SF-TF-14
Interior
Heating No Heat
Cooling Electric, Wall-Win A/C
Flooring Terrazzo Floor
Exterior
Exterior Feature Awnings, Open Patio, Shed
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View City, Garden
Roof Type Comp Shingle
Building
Lot Description < 1/4 Acre, East of US-1
Story 1.0
Foundation CBS
Schools
Elementary Schools North Grade Elementary School
Middle Schools Lake Worth Community Middle
High Schools Lake Worth High School
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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