825 Truman Avenue, Lake Worth, FL, 33460
11 beds
5 Full baths
1960
4,146 sqft
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
Status:
Active
Type:
Multi-family
Furnished Remarks:
No
Units:
4
Zoning:
SF-TF-14 (city)
Subdivision:
Parkview Heights
Heating:
Central Individual, Window/Wall
Cooling:
Ceiling Fan, Central Individual, Wall-Win A/C
Levels:
2
Parking:
Space Parking
Est. Taxes:
$15,712
Construction
CBS,Concrete
Utilities
Cable,Electric,Public Sewer,Public Water
Lot Description:
< 1/4 Acre,Corner Lot,West of US-1
View Description:
Garden,Preserve
Amenities:
None
MLS #:
RX-10957419
Community Info
School Info
Walk Score
Yelp
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