Bought with Trueway Realty LLC
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116 S J ST Lake Worth Beach, FL 33460
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Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $305
Subdivision Lake Worth Town Of
MLS Listing ID RX-10952797
Sold Date 03/05/24
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $4,946
Tax Year 2023
Lot Size 3,376 Sqft
Property Description
If you are looking for a good investment this multi family duplex is worth a look. Located in the downtown area this prime spot is ideal for those who love the being within 2 blocks to Lake Ave and within 1.5 miles of the beach Currently rented month-to-month at below-market average rates, there's room to grow income here. Cosmetic updates would boost its appeal and rental value. Additionally, with its proximity to successful Airbnb locations, it's also perfect for short or mid term rentals.Recent updates such as a new roof and an updated electrical panel add to its value. Overall, this is an excellent opportunity to own a piece of Lake Worth Beach's downtown area.Pro Photos Coming Soon
Location
State FL
County Palm Beach
Area 5690
Zoning MF-30
Interior
Heating Central
Cooling Central, Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature None
Utilities Available None
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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