506 S M St new Save Request In-Person Tour Request Virtual Tour
Lake Worth Beach,FL 33460
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $827
Subdivision Lake Worth Town Add 01
MLS Listing ID F10465638
Style Fourplex
Year Built 1925
Annual Tax Amount $9,677
Tax Year 2023
Property Description
Incredible investment opportunity! Currently bringing in $155k in annual gross revenue! Nestled on the peaceful M Street, this two-story building presents an excellent investment opportunity with four well-appointed apartments. Property sold turn-key furnished (including bedding, towels, appliances, cleaning supplies, and kitchenware) ready for move-in or for short term renting. The property includes: One 1-bedroom/ 1-bath apartment, One 2-bedroom/ 1 bath apartment, Two studio apartments with 1 bath each. This property boasts high visibility and easy accessibility, ensuring a steady flow of short- and long-term tenants.
Location
State FL
County Palm Beach County
Area Palm Beach 5600; 5610; 5620; 5630; 5640
Zoning SFR
Interior
Heating Electric Heat
Cooling Electric Cooling
Flooring Other Floors
Exterior
Exterior Feature Fence,Patio
Waterfront No
Water Access Y
Roof Type Other Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction,Other Construction
Sewer Other Sewer
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional