Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $307 per day, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Welcome to a prime investment opportunity in the heart of Downtown Lake Worth's Historic District! This quadplex, boasting four distinct units, featuring two buildings a single family and a two story multifamily, Comprising of two spacious 2-bedroom apartments, a comfortable 3-bedroom unit, and an efficient studio apartment. Currently occupied by reliable long-term tenants, this property generates a consistent income stream with potential for further growth. Located just three blocks away from the vibrant Lake Avenue and a mere 5-minute drive from the pristine beaches, this property combines convenience and allure for tenants. Don't miss your chance to own a piece of downtown charm while securing a sound investment in a thriving rental market!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $8911 |
Bedrooms | 7 |
Bathrooms | 5 |
SQFT | 2,477 |
Furnished | unknown |
Year built | 1931 |
Listing Status | Off Market |
MLS | RX-10942327 |
