1229 S M STREET
Lake Worth Beach, FL 33460
1246 sqft | 0.16 acres | #RX-11080470
Description
Amazing income & investment opportunity. Currently operating at a 6.8% cap rate. This large 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.
Property Details
- Utility FeaturesCable Connected, Gas Natural, Public Sewer, Public Water
- SubdivisionLAKE WORTH TOWN OF ADD 1
- Exterior FeaturesRoom for Pool, Shutters
- Exterior MaterialsRoom for Pool, Shutters
- Property TypeMulti-Family
- MLS #RX-11080470
- MLS #RX-11080470
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- RoofTar/Gravel
- CountyPalm Beach
- CoolingElectric
- Original List Price$564,999
- ZoningSF-R(c
- Taxes Annual$7,883
- Cost525000
- Property SubtypeDuplex
- Acres0.155
- Square Feet1246
- Lot Size (sqft)6750
- Year Built1957
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Rodger P Morelli (#63059403)
Listing Office: RPM LUXE REALTY (#276548028)
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