Palm Beach > Lake Worth > 33461 > Palm Beach Farms

4063 Herbertz Road Lake Worth, FL 33461

0 Bedroom, 5,880 Sqft, Quad Plex

AGENT'S REMARKS ABOUT 4063 HERBERTZ ROAD

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

PROPERTY DETAILS

  • Property Type: Quad Plex
  • Approx Living Area: 5,880 SqFt
  • Year Built: 1979
  • Lot Size: 37,462 SqFt
  • Age Restrictions: No Hopa
  • County: Palm Beach
  • Area: 5700
  • Subdivision: PALM BEACH FARMS CO 7
  • Community: palm beach farms
  • Age Restricted: No Hopa
  • Annual Property Taxes: $16,606
  • Repo/Reo: No
  • Short Sale: No
  • Elementary School: Palm Springs Elementary School
  • Junior High School: Lake Worth Community Middle
  • High School: Lake Worth High School

MAP LOCATION FOR 4063 HERBERTZ ROAD LAKE WORTH, FL 33461

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Directions: Located south off Lake Worth Road between Military Trail and Congress Ave. From Lake Worth Road turn south onto Herbertz Road. The destination will be on your right side.

Do you have questions about 4063 Herbertz Road Lake Worth, FL 33461? Contact us for more information and to schedule a tour. You can browse all Lake Worth Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.

Listing courtesy of Re/Max Direct 10.07.2024