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  4. 825 Truman Avenue, Lake Worth Beach, FL 33460
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825 Truman Avenue
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PRICED AT ONLY: $1,300,000

Address: 825 Truman Avenue, Lake Worth Beach, FL 33460

Description

Cash Flow Monster! Fully leased and stabilized: $11,500/m rental income plus laundry room income. All 4 units remodeled. Property sits on a corner lot (zoned MF 10) with ample parking and adjacent to Howard Park (family bbq, playgrounds, soccer, bbq) and the LWB Community Center. Very desirable area for families. Stabilized asset, please do not disturb the tenants. The property is located within 5 minutes from LWB Downtown, groceries, restaurants, the beach and near the Palm Beach State College.

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  • MLS#: RX-10984901 ( Quad Plex )
  • Street Address: 825 Truman Avenue
  • Viewed: 7
  • Price: $1,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 236

Description

Cash Flow Monster! Fully leased and stabilized: $11,500/m rental income plus laundry room income. All 4 units remodeled. Property sits on a corner lot (zoned MF 10) with ample parking and adjacent to Howard Park (family bbq, playgrounds, soccer, bbq) and the LWB Community Center. Very desirable area for families. Stabilized asset, please do not disturb the tenants. The property is located within 5 minutes from LWB Downtown, groceries, restaurants, the beach and near the Palm Beach State College.
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Features
Building and Construction
  • Absolute Longitude: 80.057963
  • Construction: CBS, Concrete
  • Exterior Features: Covered Patio, Extra Building, Fence, Fruit Tree(s), Shutters
  • Flooring: Clay Tile, Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Other
  • Sqft Total: 3765.00
  • Total Building Sqft: 3409.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, Corner Lot, West of US-1
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Accordion Shutters: Partial
  • Waterfront Details: None
Utilities
  • Carport Spaces: 1.00
  • Cooling: Ceiling Fan, Central Individual, Wall-Win A/C
  • Heating: Central Individual, Window/Wall
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 98000.00
  • Income Expenses Annual Total Expense: 40000.00
  • Income Expenses Gross Operating Inc: 138000.00
  • Source Of Expenses: Books, Owner, Proforma
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Cable, Insurance
Other Features
  • Avail Info: Investment Analysis, Other
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: PARKVIEW HEIGHTS LT 19
  • Parcel Id: 38434434030000190
  • Possession: At Closing
  • Special Info: Sold As-Is
  • View: Garden, Preserve
  • Zoning: MF
Nearby Subdivisions
Bryant Park   Lake Worth Beach   Lake Worth Heights   Lake Worth Town   Lake Worth Town Add 01   Lake Worth Town Of   Lake Worth Town Of Add 1   Lakeview Heights Add 3   Latona Court Amnded Plat   North Lake Worth   Parkview Heights   S/d Of 21-44-43, W 1/2 In   Worthmore Park  
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Kevin Mecabe

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