605 S J St - Apartments FOR SALE


Lake Worth, FL 33460- SOSA
$1,000,000 USD
786-985-1374
605 S J St, Lake Worth, FL for Sale
$1,000,000 USD
Apartments - FOR SALE
1/14
null | 5.39% Cap Rate

605 S J St
Lake Worth, FL 33460
SOSA


OVERVIEW

Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, Expenses: $31,700, Cap Rate: 5.40%, Net Revenue: $52,591. Don’t miss this opportunity!

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

5

PRICE/UNIT

$200,000

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 unit Multifamily NOI $53,900 Cap-rate 5.5%

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

SF-7

APN/PARCEL ID

38-43-44-21-15-207-0100

ASK ABOUT THIS PROPERTY

Eric AmsallemFlorida InvestMore Info
786-985-1374

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Eric AmsallemFlorida InvestMore Info
786-985-1374

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.