931 N J St - Apartments FOR SALE


Lake Worth Beach, FL 33460
$820,000 USD
561-713-4952
931 N J St, Lake Worth Beach, FL for Sale
$820,000 USD
Apartments - FOR SALE
1/67
null | 6.61% Cap Rate

931 N J St
Lake Worth Beach, FL 33460


HIGHLIGHTS

  • Perfect for Investors
  • Perfect for Owner-Users or Owner-Occupants
  • Huge City Growth Potential
  • Income Generating
  • New Construction and Remodeled!
  • New Appliances, New Sprinkler Systems, Gorgeous Trees and Plants, Insulated, Termite Treated and Protected by Sentricon System, Quartz Countertop

OVERVIEW

STUNNING LARGE TWO SINGLE-FAMILY HOMES for the price of one! 2,180 SQFT OF COMBINED LIVING SPACE! Perfect opportunity for owner-users & investors. House 'A' is ALREADY PRODUCING INCOME, while house 'B' is BRAND NEW CONSTRUCTION vacant, ready to be used in what you have planned for it! PRIME property. Run your small home based business at a GREAT LOCATION, live in it, or even do short term rentals! The choice is yours. Sit back & relax, own this Class A property requiring little to no maintenance per year! NO repairs needed. Located in the heart of Lake Worth historic district, access downtown's shopping, dining, and attractions, minutes away from the beach. House 'B' is accepting lease applications, purchase it before it's 100% occupied! NO HOA. Each House w/ DESIGNATED PARKING SPACES. All Brand New Appliances, New Roofs, New Impact Windows/Doors, and Modern Kitchens! AVAILABLE FOR SHOWINGS, must give tenants at least 24 hour notice for showings! Schedule accordingly with me. HOUSE A INFO: Roof is 2022, sprinklers adjusted recently, brand new washer & dryer, refrigerator dishwasher & microwave like new! Sentricon System active. Tenant paying utilities. HOUSE B INFO: New Construction House. Has it's own meters, and sprinkler system, everything is brand new, gorgeous black/white countertops, termite treated, entire property protected with sentricon system against termites, and partition walls are insulated. Brand New Appliances! Unit B just got listed for rent at $3,000/month, owner-occupants, purchase it before it's 100% occupied! Possible Estimated CAP of 6.61% & NOI of $54,203!

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$376 USD /SF

# OF UNITS

2

PRICE/UNIT

$410,000

CAP RATE

6.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

931 N J St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

Multi-family

APN/PARCEL ID

38-43-44-21-15-278-0090

ASK ABOUT THIS PROPERTY

Jonathan TextaLoKation Real EstateMore Info
561-713-4952

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Jonathan TextaLoKation Real EstateMore Info
561-713-4952

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