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    1000 S N Street

    Lake Worth, FL 33460
    • $599,900
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: RX-10700219
    UPDATED: 65 min ago
    $599,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,167
      SQFT
    • $189
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Information

    Description

    Great investment opportunity in the gentrified downtown Lake Worth area. This triplex consist of a huge single-family wood-frame house and a two-story Cbs duplex in the back situated on a corner lot. All units are rented and occupied by tenants. We have attached a copy of the current leases to the listing. GRI for this property is just under $43,000. OE is $7,850. Rents are low but tenants have been there a long time and are consistent in paying the rent. Separate electrical meters, one water meter & community laundry room in back duplex.

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    www.daltonwadesouthflorida.com/homes/115161585
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    1000 S N Street Lake Worth, FL 33460

    • Price: $599,900
    • Status: Active
    • Updated: 65 min ago
    • ID#: RX-10700219
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,167
    SQFT
    $189
    $/SQFT
    1979
    Built
    Neighborhood:
    Lake Worth Town of Add 1
    County:
    Palm Beach
    Area:
    Lake Worth
    Elementary School:
    South Grade Elementary School
    Middle School:
    Lake Worth Community Middle
    High School:
    Lake Worth High School
    Property Description
    Great investment opportunity in the gentrified downtown Lake Worth area. This triplex consist of a huge single-family wood-frame house and a two-story Cbs duplex in the back situated on a corner lot. All units are rented and occupied by tenants. We have attached a copy of the current leases to the listing. GRI for this property is just under $43,000. OE is $7,850. Rents are low but tenants have been there a long time and are consistent in paying the rent. Separate electrical meters, one water meter & community laundry room in back duplex.
    Exterior Features

    Carport Spaces 0.00 Construction BlockCbsConcrete Exterior Features None Lot Description < 1/4 AcreCorner LotPublic RoadSidewalks Lot Dimensions 133X50 Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central BuildingWall-Win A/C Flooring OtherTileWood Floor Heating Central Unit1 Bedrooms 4 Unit1 Desc A/C UnitBuilt-In ShelvesDen/FamilyElectric MeterKitchenLaundryRange - ElectricRefrigeratorSeparate Dining Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1375 Unit2 Bedrooms 2 Unit2 Desc A/C UnitElectric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 896 Unit3 Bedrooms 2 Unit3 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Half Baths 1 Unit3 Sq Ft 896 Unit4 Sq Ft 0

    Property Features

    Annual Net Operating Income 34990.00 Annual Total Expenses 7850.00 Available Info None Built Desc Resale Contingents Appraisal Gross Operating Income 42840.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Triplex Possession At ClosingFunding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Assessment No Special Info Sold As-IsTitle Insurance Sq Ft Total 3339.00 Subdivision Amenities Common Laundry Tax Amount 6165.00 Tax Year 2020 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventional Unit1 Lease Ends 2021-08-15 Unit1 Monthly Income 1440.00 Unit2 Lease Ends 2021-03-31 Unit2 Monthly Income 1000.00 Unit3 Lease Ends 2021-08-31 Unit3 Monthly Income 1130.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Multifamily <10

    Listing provided courtesy of Woolf Realty Inc.. Listing information © 2021 BeachesMLS
     
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    Dalton Wade
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