717 S B St, Lake Worth, FL 33460

$175,000
2,049
SqFt
Sold Price
$175,000
List Price
$175,000
Closing Date
Mar 16, 2020
MLS#
A10823359
Sq. Ft
2,049
Subtype
Duplex
County
Palm Beach
Community
Lake Worth Town Of
Subdivision
Lake Worth Town Of
Year Built
1926

Property Description

CASH ONLY!!!!! Charming detached two story duplex in Lake Worth! This property features a 4/2 with a den that can be converted to a fifth bedroom and a 2/1 cottage. Front unit can rent for up to $1,900/month while the rear unit can be rented for $1,100/mo. Separate Electric meters. It is conveniently located near Downtown, Lake Worth Beach and close to I-95. A ton of opportunity to get to market rents of approx $3k combined. The rear unit needs minimal work but the unit up front will need new baths, kitchen, flooring and the roof is near its useful life although not leaking. Buy now and yield a 15%+ NET CAP RATE!

Additional Information

Status Label
CLOSED
Total Unitsin Complex
2
Construction
Frame With Stucco
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Metal Roof
Taxes
$5,209
Total Floors
2
Stories
2
Roofing
Metal Roof
Price Per Sqft
$85

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of Kariza Capital Realty, LLC, Contact:

Selling Office: Kariza Capital Realty, LLC.