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Active
$1,940,000
1001 S FEDERAL Highway, FL 33460
📍 FL, 33460
🚿0Baños
🌿0.31Acres lote
🏗1958Año constr.

Descripción

Well-positioned 8-unit multifamily property featuring six 1-bedroom/1-bathroom units, one studio, and one efficiency apartment. The property is currently generating $13,928 in gross monthly rental income with one unit vacant, while offering a projected pro forma gross monthly income of $16,950 upon stabilization. Ideally located along South Federal Highway just minutes from downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, this asset presents investors with immediate cash flow and significant upside through lease-up and continued rental growth in one of Palm Beach County's strongest rental markets.

Detalles de la propiedad

Tipo / Type Commercial Sale
Subtipo / Subtype Multi Family
Estado / Status Active
Condado / County Palm Beach County
Código postal / ZIP 33460
Año construido / Year built 1958
Terreno / Lot 0.3100 acres
Listing Key f60b13fd9a6d27c221cc9df49431f926

Ubicación

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