Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1928
Sq.Footage
2,320
Spectacular Investment Opportunity!Prime income-producing triplex ideally located just steps from vibrant Downtown Lake Worth Beach and only minutes from the ocean. Situated on a 0.16-acre lot, this property is zoned 0800 multifamily--allowing for up to five units (or potentially more)!Restore and rent the existing three units at full market value, or tear down and build new to maximize cash flow potential. The property sits just half a block from Lucerne and Lake Avenue, an area in high demand with tenants for its walkability and proximity to shops, dining, entertainment, and the Tri-Rail station.Current tenants are month-to-month, giving the new owner full flexibility to either retain them for steady income or renovate and reposition for higher returns.Investors--don't miss this
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$699,000
-
Tax Amount
10446.0
-
Zoning
SF-TF-14
-
Sq. Footage
2, 320
-
Price/SqFt
$301
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
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Location
County
Palm Beach
Elementary School
Middle School
High School
Listing Courtesy of Guisela Moro , Brown Harris Stevens of PB
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