Overview

Closing Costs Calculator
  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: $323.00 ft2/No info m2
  • Type: Commercial/Investment
  • Built: 1979
  • HOA: No info
  • MLS Number: RX-10918418
  • View No info
  • On Site: 230 days
  • Updated: 38 Days Ago
  • Page Views: 3

Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 6.11% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.

Contact Advisor

Price History

DateEventPriceChange RatePrice Per
03/20/2024Price Reduced$1,899,700.005.0%$323.08 ft2/$3,477.59 m2
01/06/2024Price Reduced$1,999,700.004.8%$340.09 ft2/$3,660.65 m2
09/10/2023Listed$2,100,000.00$357.14 ft2/$3,844.26 m2

Features

Property Details for 4063 Herbertz, Lake Worth, FL 33461

Commercial/Investment current status is Active, 4063 Herbertz is a Commercial/Investment in , Lake Worth, FL 33461 with property MLS ID# RX-10918418. This Commercial/Investment has been listed on Best of Luxury Realty since September 11, 2023 and is currently priced at 1,899,700. This property was built in 1979.
SHOW MORE

Nearest Schools

Select Community

Select Another City

Lake Worth, FL Nearby Cities

Palm Springs
119 listings
$110,000 - $769,900
Atlantis
14 listings
$322,000 - $4,895,000
Lantana
99 listings
$132,000 - $17,646,000
South Palm Beach
107 listings
$125,000 - $3,700,000
Greenacres
217 listings
$125,000 - $687,000
Hypoluxo
42 listings
$209,999 - $958,000

Mortgage Calculator

Property Price:
$1,899,700.00
Initial Payment:
Interest Rate:
Loan Term (in Years):
Mortgage Payment:
Get Pre-Qualified

Area Specialist

Buyer/Tenant Etiquette
Adbutler placeholder
This property is courtesy of the Re/Max Direct. This listing has been viewed 3 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.