$1,695,000
5,880 Sqft

4063 Herbertz Road, Lake Worth, Florida 33461

  • Residential Income Property Type
  • 5,880 Sqft Square Footage
  • 1979 Year Built
Property Description

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.29% 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.

Basic Details
Residential Income
RX-10997031
$1,695,000
5,880 Sqft
1979
US
FL
Palm Beach
Lake Worth
33461
PALM BEACH FARMS CO 7
: Quad Plex
Active
5,880 Sqft
37,462 Sqft
Features
: Central, Electric
: Central, Electric
: Garden
: Comp Shingle
No
No
: Cbs, Concrete
: Tile, Laminate
Address Map
Herbertz
4063
Road
W81° 53' 46.6''
N26° 37' 0''
Additional Information
5700
Palm Springs Elementary School
Lake Worth Community Middle
Lake Worth High School
RM
No
$288
$16,606
2023
: County Only
00434430010150032
Located south off Lake Worth Road between Military Trail and Congress Ave. From Lake Worth Road turn south onto Herbertz Road. The destination will be on your right side.
No Hopa
: Public Water, Electric, Septic
Click Here
Listing courtesy of
Re/Max Direct
Buyer Agent Info
Kris Kubiak
Partnership Realty Inc.
1663 S. Congress Ave. Palm Springs, FL 33406
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Contact Buyer Agent
Contact Us
Kris@MyPerfectHouse.com (561) 463 2108