4063 Herbertz Road, Lake Worth, FL

$1,899,700

Previous Next

5,880

Square feet

0.86

Acres

About 4063 Herbertz Road

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.

Features of 4063 Herbertz Road

MLS® # RX-10918418
Price $1,899,700
Square Footage 5,880
Acres 0.86
Year Built 1979
Type Commercial
Sub-Type Income
Style Resident. Multi-Fam.
Status Active

Community Information

Address 4063 Herbertz Road
Area 5700
Subdivision PALM BEACH FARMS CO 7
City Lake Worth
County Palm Beach
State FL
Zip Code 33461

Amenities

Utilities 3-Phase Electric, Public Water, Septic
Is Waterfront No
Waterfront None

Interior

Appliances Building and Land
Heating Central
Cooling Central
# of Stories 1

Exterior

Lot Description 6 plex
Roof Comp Shingle
Construction CBS

Additional Information

Zoning RM
RE / Bank Owned No

Listing Details

OfficeRe/Max Direct

Request a Showing

Provide a valid email address.
When would you like to view this property?