Share this with your friends
+17722654007
Fulton Grace Realty
923 N FEDERAL Highway, Lake Worth Beach, FL 33460
- $449,000
- 592
- SqFt
- List Price
- $449,000
- MLS#
- B26096155
- Status
- ACTIVE
- County
- Palm Beach
- City
- Lake Worth Beach
- Subdivision
- Lake Worth Town Of
- Living Area
- 592
Property Description
Excellent Income-Producing Investment Opportunity with Room to Increase Rents! Legal duplex property featuring 3 separate rental units, including two charming 1-bedroom, 1-bathroom cottages and an additional studio unit. Currently generating steady rental income, with the two 1-bedroom units renting for $1,500 and $1,350 per month, and the studio renting for $1,350 per month, for a total monthly rental income of $4,200 ($50,400 annually). There is additional potential to increase rents and maximize your return on investment! The property features frame construction, freshly painted interiors and exteriors, and a roof in good condition. Each unit offers comfortable living spaces with plenty of charm. Additional highlights include separate water and electric meters, on-site laundry
Additional Information
- Days on Market
- 5
- Year Built
- 1925
- Stories
- 1
- Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
- Heating
- Other
- Roof
- Composition, Shingle
- Elementary School
- North Grade
- Middle School
- Lake Worth Community Middle
- High School
- Lake Worth
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Paradise Real Estate Intl. Contact: