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632 N M Street

Lake Worth Beach, FL 33460
  • $765,000
  • STATUS: Active Under Contract
  • ON SITE: 97 Days
  • ID#: RX-10960802
Under Contract
UPDATED: 108 min ago
$765,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,542
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Great opportunity to own a great investment property in Lake Worth Beach, Large house in front, 2 apartments in rear - separate electric meters. Walking distance to Golf Course, downtown restaurants and shops, nearby Lake Worth Beach on the island across the bridge to palm Beach Island. Property used to be a legal 4 plex.

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www.findpalmbeachcountyhomes.com/homes/147714942
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632 N M Street Lake Worth Beach, FL 33460

  • Price: $765,000
  • Status: Active Under Contract
  • On Site: 97 Days
  • Updated: 108 min ago
  • ID#: RX-10960802
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,542
SQFT
$301
$/SQFT
1946
Built
Neighborhood:
Lake Worth Town Of
County:
Palm Beach
Area:
Lake Worth Beach
Property Description
Great opportunity to own a great investment property in Lake Worth Beach, Large house in front, 2 apartments in rear - separate electric meters. Walking distance to Golf Course, downtown restaurants and shops, nearby Lake Worth Beach on the island across the bridge to palm Beach Island. Property used to be a legal 4 plex.
Exterior Features

Carport Spaces 3.00 Construction CBSElevated Exterior Features Open Patio Lot Description < 1/4 AcreCorner LotPublic RoadSidewalksWest of US-1 Private Pool YN No Roof Comp Shingle Storm Protection Impact Glass Partial Unit1 Parking Garage - Attached Unit2 Parking Space Parking Unit3 Parking Space Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling Central BuildingElectric Flooring ConcreteLaminateTileWood Floor Heating Central Unit1 Bedrooms 3 Unit1 Desc A/C UnitDen/FamilyDisposalElectric MeterKitchenLaundryPatioRange - ElectricRefrigeratorSeparate DiningWalk-in ClosetsWasher Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1742 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 400 Unit3 Bedrooms 1 Unit3 Desc A/C UnitElectric MeterKitchenPatioRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 400 Window Treatments Impact Glass

Property Features

Annual Net Operating Income 69336.00 Annual Total Expenses 2664.00 Auction No Available Info Leases Built Desc Resale Contingent Active Under Contract Contingents Financing Gated Community No Gross Operating Income 72000.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes A/C MaintenanceCommon R.E. TaxLawn CareSewerTrash RemovalWater Multifamily Type Triplex Possession At Closing REO No Restrictions Other Separate Electric Meters Yes 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 2830.00 Subdivision Amenities Golf CoursePicnic AreaStreet Lights Tax Amount 13463.50 Tax Year 2023 Taxes City/County Tenant Pays CableCommon Area MaintElectricInsuranceRepairs Terms Considered Cash Unit1 Monthly Income 320000.00 Unit2 Lease Ends 2024-06-30 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 1400.00 Utilities CableElectricGas NaturalLake Worth Drain DisPublic SewerPublic Water Zoning SF-TF-14

Listing provided courtesy of Bellaggio Real Estate Group: . Listing information © 2024 BeachesMLS
 
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Michael Brue | Compass Florida LLC
5370 Donald Ross Rd
Palm Beach Gardens FL, 33418