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Investment Opportunity

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605 S J St Lake Worth FL 33460 MLS #A11734209

605 S J St
Lake Worth, FL, 33460
$1,000,000
Beds
0 Bathrooms
3,416 SqFt
0 Acres
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$1,000,000
605 S J St
Lake Worth, FL, 33460
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Project Description

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!

Property Details

Price:
$1,000,000
MLS #:
A11734209
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAKE WORTH TOWN OF
Neighborhood:
Lake Worth Town Of
Listed Date:
Jan 31, 2025
Finished Sq Ft:
3,416
Total Sq Ft:
3,416
Year Built:
1921
Lake Worth Town OfLake Worth Town OfLake Worth Town Of

Property Direction

Subdivisions in Lake Worth

Schools

Interior

Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central

Exterior

Architectural Style
Attached
Parking Spots
5
Roof
Other

Financial

HOA Frequency
Monthly
Net Operating Income
$51,808
Tax Year
2024
Taxes
$12,847

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
disclosure
Courtesy of Beachfront Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
605 S J St
Lake Worth, FL