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315 S D Street , A

Lake Worth Beach, FL 33460
  • $589,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: RX-10832062
UPDATED: 192 min ago
$589,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,140
    SQFT
  • $517
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Huge opportunity for investment in up-and-coming East Lake Worth with this duplex on a double lot ! Income generating 3/1 and 2/1 duplex on a lot consisting of 2 parcels : lots 24 and 25. Vacant parcel can be developed (after permit) with new construction single family house, income producing property or used to enhance the current property with a garage , pool, etc...Duplex is occupied with long term tenants on month to month leases. Rent can be raised to competitive rates.The property has all New Hurricane impact windows, Tankless Water Heaters, communal washer/dryer and enclosed backyard. 50 foot street frontage, allowing for 3-4 cars, and back alley with gated parking. Perfect location! Close to everything : downtown Lake Worth, the beach and I-95 !

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www.keriannworley.com/homes/133093764
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315 S D Street , A Lake Worth Beach, FL 33460

  • Price: $589,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 192 min ago
  • ID#: RX-10832062
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,140
SQFT
$517
$/SQFT
1925
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Huge opportunity for investment in up-and-coming East Lake Worth with this duplex on a double lot ! Income generating 3/1 and 2/1 duplex on a lot consisting of 2 parcels : lots 24 and 25. Vacant parcel can be developed (after permit) with new construction single family house, income producing property or used to enhance the current property with a garage , pool, etc...Duplex is occupied with long term tenants on month to month leases. Rent can be raised to competitive rates.The property has all New Hurricane impact windows, Tankless Water Heaters, communal washer/dryer and enclosed backyard. 50 foot street frontage, allowing for 3-4 cars, and back alley with gated parking. Perfect location! Close to everything : downtown Lake Worth, the beach and I-95 !
Exterior Features

Carport Spaces 0.00 Construction FrameStucco Exterior Features None Lot Description < 1/4 AcreWest Of Us-1 Lot Dimensions 50.0 Ft X 135.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking None View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring LaminateTile Heating Window/Wall Unit1 Bedrooms 3 Unit1 Desc KitchenRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 610 Unit2 Bedrooms 2 Unit2 Desc KitchenRange - Electric Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 600 Unit3 Desc Washer Unit3 Sq Ft 0 Unit4 Sq Ft 0 Window Treatments Impact Glass

Property Features

Annual Net Operating Income 28692.00 Annual Total Expenses 4308.00 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 33000.00 Homeowners Association None HOPA No Hopa List Office Board Code Greater Fort Lauderdale Realtors Maintenance Fee Includes None Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 1210.00 Subdivision Amenities None Tax Amount 4024.92 Tax Year 2021 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 1550.00 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities Lake Worth Drain Dis Zoning Sf-Tf-

Listing provided courtesy of Signature International Re,Llc: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432