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1625 S Federal Hwy Lake Worth, FL 33460
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,806 sqft
Price per Sqft $415
Subdivision Blackwell Park Rev Pl
MLS Listing ID A11433638
Style Fourplex
Year Built 1950
Annual Tax Amount $6,705
Tax Year 2022
Property Description
Quadplex in Lake Worth featuring four, one-bed/one-bath units split between two one-story buildings, built in 1950 with concrete block construction and a rolled roof (2006). Both buildings feature GE & Square D panels (2020), copper supply pipes (2018/2023), mini split AC’s (2021), & impact doors. The building is separately metered for electricity, the owner pays for water. Unit 2 is fully furnished and being run as a short term rental. This Quadplex is located 5 minutes from the beach and less than a mile from Lantana Rd featuring easy access to Lantana Airport, Lost City Golf Club, Sport Complex, Publix, Costco, Home Depot, and well-known restaurants. Excellent opportunity for an owner occupant or investor to purchase a stable, cash flowing asset in a great area, with tremendous upside.
Location
State FL
County Palm Beach County
Community Blackwell Park Rev Pl
Area 5610
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Exterior
Exterior Feature Security/High Impact Doors
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Composition
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Elite Sales Group