Lake Worth, FL 33460,1227 N E St
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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

$346,000

Est. payment /mo

$369,990

6.5%
Est.Price: ?

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1227 N E St Lake Worth, FL 33460

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

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

Maddy Partow

Advisor | License ID: 3474080

+1(772) 584-1256

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