Bought with R&R Realty Inc
$715,000
$730,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
107 S K ST Lake Worth Beach, FL 33460
6 Beds
3 Baths
2,496 SqFt
Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,496 sqft
Price per Sqft $286
Subdivision Lake Worth Town Of
MLS Listing ID RX-11031752
Sold Date 12/30/24
Bedrooms 6
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $11,388
Tax Year 2023
Lot Size 6,750 Sqft
Property Description
MUST SEE! Triplex in Prime Lake Worth Beach location! This stunning property is just one block from Lake Avenue--walk to everything you need!Property is turnkey condition: All three units boast spacious floor plans and are beautifully maintained. Each unit has separate water, electric, and gas meters. Roof replaced in 2016 for peace of mind. The front unit is ideal for an owner-occupant, short-term rental, or annual lease. Sellers are willing to leave it vacant for the new owner's choice. This Investment is a strong! When fully occupied, the property offers a robust 7% cap rate at the asking price! Opportunities like this don't come around often! Schedule your showing today!
Location
State FL
County Palm Beach
Area 5610
Zoning MF-30
Interior
Heating Central, No Heat
Cooling Ceiling Fan, Central, Wall-Win A/C
Flooring Tile, Wood Floor
Exterior
Exterior Feature Fence, Open Patio, Open Porch, Room for Pool, Screen Porch, Screened Patio
Community Features Sold As-Is
Utilities Available Cable, Electric, Gas Natural, Lake Worth Drain Dis, Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Frame, Stucco
Construction Status Resale
Others
HOA Fee Include None
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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