Bought with PAX Properties LLC
For more information regarding the value of a property, please contact us for a free consultation.
24-32 S L ST Lake Worth, FL 33460
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 7,526 sqft
Price per Sqft $129
MLS Listing ID RX-10272991
Sold Date 01/27/17
Construction Status Resale
Year Built 1935
Annual Tax Amount $13,760
Tax Year 2015
Lot Size 0.380 Acres
Property Description
Incredible opportunity to purchase 4 contiguous properties with 11 units+mother-in-law suite just a half-block from downtown Lake Worth! There is strong rental demand in this prime location, making these units easy to rent. Pick up a coffee at the Starbucks around the corner and stroll through downtown, or walk to the intracoastal or the Publix grocery. Just a half mile walk to the beach! The apartments are fully rented with excellent rent roll. This incredible location also provides a unique development opportunity for the right buyer.Don't miss out on this ideal combination of location, income and development potential.For detailed financials and full offering memorandum, go to www.paxproperties.com/lwportfolio .
Location
State FL
County Palm Beach
Area 5610
Zoning MU-E
Interior
Heating Central, Electric, Window/Wall
Cooling Central, Electric, Wall-Win A/C
Flooring Ceramic Tile, Vinyl Floor, Wood Floor
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Waterfront Description None
Roof Type Comp Rolled,Comp Shingle
Building
Story 100.00
Foundation Aluminum Siding, CBS, Frame/Stucco
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, FHA, Owner
Listing Terms Cash, Conventional, FHA, Owner
Financing Cash,Conventional,FHA,Owner
Read Less
GET MORE INFORMATION
Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095