Quad plex For Sale

4063 Herbertz Road, Lake Worth, FL 33461

$1,899,700
Property Description

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 6.11% 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.

Basic Details
Listing Type : For Sale
Price : $1,899,700
View : Garden
Field 3132 : None
Features
: Central
Central
Laminate,Tile
Comp Shingle
Location
US
FL
Palm Beach
Lake Worth
33461
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.
4063 Herbertz Road, Lake Worth, FL 33461
Extended Details
None
Virtual Tour URL
PALM BEACH FARMS CO 7
Palm Beach Farms
09.10.2023
Palm Springs Elementary School
Lake Worth Community Middle
Lake Worth High School
CBS,Concrete
No
None
Cash,Conventional
Electric,Public Water,Septic
None
None
No
37462.00
0.00
0.00
No
6
RM - MULTI-FAMI
None
Yes
2022
0.00
At Closing,Funding
$0
Re/Max Direct
Daniel J DeRogatis
5880
1999700.00
1.0
13260.50
beachesmls
Property TypeQuad plex
StatusActive
Listing IDRX-10918420
Year Built1979
TaxCounty Only
Mortgage Calculator
$
($) (%)
(years)
(%)
($) (%)
($) (%)
$
Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.

The properties displayed are provided courtesy of Real Estate Brokers participating in the Realtors® Association of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. Multiple Listing Service Internet Data Exchange Program (IDX). The information provided on this site is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Every effort has been made to maintain the highest degree of accuracy of data represented on this site. Up to date information is achieved by replicating pertinent Multiple Listing Service data every hour, subject to point-to-point Internet access availability. No representation is made as to the accuracy of any information regarding listed properties for sale, rental, taxes or financing. All information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Please consult a professional for exact dimensions. In the event your property is listed on this site and you discover errors, please contact your listing broker to remedy the discrepancy. We are only capable of correcting our own listings. Our listing data concerning your individual property will self-correct once your listing broker has corrected the errors with of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. MLS service.