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Business Opportunity - Lake Worth Town Add 01 for Sale

1229 S M ST, LAKE WORTH BEACH, FL 33460

Asking Price$564,999

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  • Living 1246sqft
  • Year Built 1957
  • Days on market:

    37 day(s)
  • Price per sqft:

    $453.45
  • Tax Legal Description:

    ADD 1 TO TOWN OF LAKE WORTH LT 16 BLK 55
  • Tax Year:

    2022
  • Property Type:

    Business Opportunity
  • Style:

    Duplex
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Electric Cooling
  • Heating Description:

    Other
  • Floor Description:

    Ceramic Floor
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$564,999 • living size area 1246 sqft

Amazing income & investment opportunity. currently operating at a 7% cap rate. this large and updated duplex is 2 bedrooms / 2 bath on one side and 1 bedroom 1 bath on the other, separate electric and plenty of parking. situated on an oversized corner lot with room for a pool and/or future expansion. the location in east lake worth beach is only a couple blocks from the beautiful intracoastal waterways, downtown shops, amazing restaurants, golf and more just sit back and collect $. the owner has done all the hard work here for the new owners. 100% occupied with great tenants.

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