Bought with Re/Max Direct
For more information regarding the value of a property, please contact us for a free consultation.
4063 Herbertz RD Lake Worth, FL 33461
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $212
Subdivision Palm Beach Farms Co 7
MLS Listing ID RX-10779065
Sold Date 03/31/22
Bedrooms 12
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 17
Year Built 1979
Annual Tax Amount $11,943
Tax Year 2021
Lot Size 0.860 Acres
Property Description
Herbertz Villa's Offers a Investor a Opportunity To Acquire A Turn Key Investment Opportunity. The Property Is Comprised Of 6 Villa's each unit 3 bedroom 1 bath. The Property is 100% occupied. 4 of the units are are rented at $1,700 a month. The mangers unit is rented at $500.00 and and the last unit is rented at $1,3000. Comparable units are renting at $1,900 per month. Proforma Cap Rate Is 7.9%.
Location
State FL
County Palm Beach
Community Palm Beach Farms
Area 5700
Zoning RM
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature Auto Sprinkler
Utilities Available Electric, Septic, Water Available
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/2 to < 1 Acre
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
GET MORE INFORMATION
