4063 Herbertz Road
Lake Worth, Florida 33461, United States

MLS#: RX-10997026

$1,695,000 USD

Total rooms
6
Minimum sellable space
5,880ft²
The details

Property features

Date Updated: Oct 8, 2024

Construction details

Year built
1979
Roofing
composition/shingle

Area

Property size
5,880ft²
Land/Lot size
37,462ft² (0.86ac)
Bathrooms
6
Total rooms
6
Cooling system
Central
Heating system
Central

Description

Public Remarks: Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% 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.

Location

4063 Herbertz Road, Lake Worth, Florida 33461, United States
map image
Courtesy of Daniel J DeRogatis Re/Max Direct