301 S M Street, Lake Worth Beach, FL 33460

$1,425,000
: 3,084
SqFt

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List Price: $1,425,000
Price Change: ▼ $100,000 1790301088
MLS#: B26053634
Status: ACTIVE
County: Palm Beach
City: Lake Worth Beach
Subdivision: Lake Worth Town Of
Living Area: 3,084

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Property Description

Well-maintained 5-unit multifamily property comprised of one 1-bedroom/1-bathroom unit and four 2-bedroom/1-bathroom units. The property generates $10,405 in gross monthly rental income, providing strong in-place cash flow with continued upside through future rental growth. Ideally situated just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, the asset offers investors a stable income-producing opportunity in one of Palm Beach County's most desirable rental markets.

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Additional Information

Days on Market: 82
Year Built: 1925
Cooling: Central Air
Heating: Central, Individual
Exterior Features: None
Roof: Built-Up
Elementary School: South Grade
Middle School: Lake Worth Community Middle
High School: Lake Worth