Lake Worth, FL 33460 605 S J St
$1,000,000
24 more
Presented By: This listing is courtesy of Beachfront Realty Inc;
- MLS# A11734209
- 01/31/2025
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
SQFT • 3,000
Home Details
Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591.
Don’t miss this opportunity!
Presented By: This listing is courtesy of Beachfront Realty Inc;
Interior Features for 605 S J St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 605 S J St
Architectural StyleFourplex
Assoc Fee Paid PerMonthly
CityLake Worth
Construction MaterialsBlock
CoolingCentral Air
CountyPalm Beach
DisclosuresOwner Is Listing Agent
HOA Fee$
HeatingCentral
Legal DescriptionTOWN OF LAKE WORTH LOT 10 BLK 207
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area4120
MLS Area MinorPalm Bch 4180;4190;4240;4250;4260;4270;4280;4290
Net Operating Income51808
Occupancy TypeTenant
Operating Expense34291
Pool FeaturesNone
PossessionClosing & Funding
PostalCityLake Worth
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesSewer
RoofOther
SewerOther
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameLAKE WORTH TOWN OF
Tax Annual Amount12847
Tax Year2024
Total Actual Rent86100
UtilitiesCable Not Available
Virtual TourClick here
Year Built1921
Year Built DetailsResale
Zoning DescriptionSF-R (ci
Exterior for 605 S J St
Building Area Total3416
Covered Spaces
Lot Features< 1/4 Acre
Total Parking5
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Elena Stodghill
Licensed Real Estate Agent
