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Home For Sale

Picture of Home For Sale in Lake Worth, Florida, United States

$1,899,700

4063 Herbertz Road
Lake Worth, Florida, United States

12bd 4ba 5,880 sqft

Listed By: Homes & Land Magazine

Listed On: 04/05/2024

Listing ID: GL11089418 View More Details

Description

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 6.11% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
Source: The World Property Journal

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