Lake Worth, FL 33460,1227 N E St
Lake Worth, FL 33460,1227 N E St
Lake Worth, FL 33460,1227 N E St
Lake Worth, FL 33460,1227 N E St
Lake Worth, FL 33460,1227 N E St
Lake Worth, FL 33460,1227 N E St
See all 21 photos

$346,000

$369,990

6.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,845 SqFt


SOLD DATE : 03/29/2021

Key Details

Sold Price $346,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,845 sqft

Price per Sqft $187

Subdivision Lake Worth Town

MLS Listing ID F10248073

Sold Date 03/29/21

Style Duplex

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $6,632

Tax Year 2019

Property Description

CASH COW ALERT!!! Magnificent opportunity to own a turnkey rental in North Lake Worth just minutes from historical Lake Worth & downtown entertainment on Lake Avenue! This is an investor's dream, occupied by long term tenants that never miss their payments w/ a total of 6 bedrooms and 3 bathrooms. This property is detached into two separate dwellings -- a 4/2 and a 2/1 -- that produces nearly $40,000.00 in yearly income while collecting rent payments well below the market rate with plenty of room to add value and increase rents 20-30%. Roof was installed in 2017 and A/C is less than 5 years old, and is completely FHA/VA APPROVED. Lake Worth represents one of the fastest growing cities in all of Palm Beach county -- Buy this well-located property today and start collecting rent from day 1!

Location

State FL

County Palm Beach County

Area Palm Beach 5600; 5610; 5620; 5630; 5640

Zoning SFR

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


BeachesMLS Matrix (RAPB-F prefix)
Listed by Meridian Trust Investments Inc
Bought with Florida's Best Realty Services
agent-avatar

"My mission is to bring light into the world of real estate by turning the complex into simple and hard into easy, one person and one transaction at a time!"

+1(561) 922-5296

ilya@kiphomesgroup.com

6700 North Andrews Ave. #203, Fort Lauderdale, FL, 33309

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.