825 Truman Avenue
Lake Worth Beach,
FL
33460
Property Details
List Price: |
$1,075,000 |
Beds: |
11 |
Baths: |
5 |
Status: |
Active |
SqFt: |
3781 |
Agency: |
Keller Williams Coastal Partners |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1960 |
Notes: |
Great opportunity to acquire a remodeled and cash flowing quadplex - ready to be delivered with one vacant unit to take advantage of an ASSUMABLE (!!!) FHA loan at 3%! The property generated in 2023 $109k in GRI (see docs for T12). Proforma for 2024 is $127k (mainly from higher rent from upgraded units + additional income). Please do not disturb the tenants. Enjoy a stabilized asset with reliable tenants (one annual lease, two month-to-month, one currently vacant unit ready to rent). This property is located just minutes away from LWB Downtown, groceries, restaurants, the beach and Palm Beach State College. Adjacent LWB Howard Park is a family friendly and recently improved recreational park (soccer, basketball, BBQ, playground, etc.) and an added value for local tenant |
MlsNumber: |
RX-10957419 |
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Listing Provided By: |
Keller Williams Coastal Partners, original listing |
Name: |
Keller Williams Coastal Partners |
Phone: |
(561) 209-2500 |
Office Name: |
Keller Williams Coastal Partners |
Office Phone: |
(561) 209-2500 |
Agent Name: |
Maximilian Stalinski |
Disclaimer: |
Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |