1415 N N J 1 Street #1

Lake Worth Beach, FL 33460 View Map $1,200,000 Schedule a Tour
Acres0.22
Year1966
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Status: Active
Property Type:Multifamily (5+ Units)
MLS #:R10822660
On Site:14 Days
Lot Size:0.22 Acres
County:Palm Beach
IMMEDIATE INCOME GENERATING INVESTMENT PROPERTY WITH NINE UNITS of Multifamily on two ADJACENT Properties! Sale consists of three buildings on two parcels: 1415 North J Street $1,200,000 & 1407 N J Street for $650,000 (RX-10821323) as one offering for $1,850,0001415 Has six (6) 2 bed/1 bath units and 1407 has three (3) 1 bed/1 bath units in the heart of Lake Worth near the beach just off of LAKE and DIXIE.Constructed of solid CBS, these buildings are in great shape with 3 year old roofs, several recently renovated units, private backyards and happy tenants. Located in a highly desirable section of Lake Worth, close to Public transportation and shopping. 80% Occupied with lots of room for rents to increase.

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$000 Monthly Payment
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Detailed Maps

Community Information

Address:1415 N N J 1 Street #1 Lake Worth Beach, FL 33460
County:Palm Beach
Area:5630
Zip Code:33460

Features / Amenities

Flooring: Ceramic Tile
Security Features: Fenced, Security Gate, Smoke Detector(s)
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace

Property Features

Lot Size: 0.22 Acres
Lot Features: Beach Front, CentralBusinessDistrict, City Lot
Utilities: Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Lake, Public
Zoning:SF-TF-14
Directions:Dixie Highway to 14th St. go East to J St. Unit is on the left right next door to the north from 1407 N J St. the sister property.

Tax and Financial Info

Tax Year: 2021
Tax Annual Amount: $13,888
Gross Scheduled Income: $99,900
Insurance Expense: $3,200
Lease Terms: 12 Months
Terms: Cash, Conventional
Tenant Pays: Exterior Electric
Association Fee Includes: HVAC, Insurance, Maintenance Structure, Sewer, Water

Schools

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1415 N N J 1 Street #1 Lake Worth Beach, FL 33460
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1415 N N J 1 Street #1 Lake Worth Beach, FL 33460
 
ASAP
Sat
20
Aug
Sun
21
Aug
Mon
22
Aug
Tue
23
Aug
Wed
24
Aug
Thu
25
Aug
Fri
26
Aug
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 8/19/2022
Listing provided courtesy of Engel & Voelkers Delray Beach.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2022 BeachesMLS, Inc.