MLS® RX-11070751
Status Active
$750,000
Features
$750,000
Price
1977
Year Built
6750
Sq.Feet
Multi Family
Property type
Triplex
Sub-type
Property description
Turnkey Triplex - High-Yield Investment in Lake Worth Beach 910 South L Street, Lake Worth Beach, FL Prime income-producing property with long-term leases in place. This well-maintained triplex offers an immediate cash-flow opportunity with below-market rents, providing room for increased return on investment upon lease renewal. Located in the high-demand rental market of Lake Worth Beach, this property is ideal for investors seeking stability, appreciation, and minimal vacancy risk. **Unit 1: 2 Bed / 1 Bath - $2,000/month (Washer/Dryer Hookups) - Lease Ends 7/31/ 2025 **Unit 2: 1 Bed / 1 Bath - $1,600/month - Lease Ends 11/30/2025 **Unit 3: 2 Bed / 2 Bath - $1,750/month (Washer/Dryer Hookups) - Lease Ends 10/31/ 2025 Monthly Rental Income: $5,350 Annual Gross Income: $64,200Market Insights & Growth Potential: Below-Market Rents - Area rents for 2-bed units range from $2,000 to $2,300 Lake Worth Beach is experiencing rising property values and a competitive rental market Well-kept property with washer/dryer hookups in two units for added tenant appeal Why Invest? Immediate Cash Flow - Fully leased and income-producing from day one Future Growth Potential - Below-market rents allow for higher returns upon renewal Prime Location - Minutes from downtown, beaches, shopping, and major highways This fully occupied triplex is a rare find in a highly desirable rental market. Whether you're a seasoned investor or looking to start your portfolio, this turnkey opportunity is positioned for long-term success. Call today for financials, lease details, and a private showing.
Listing Courtesy of The Keyes Company
Additional Info
- List price per Sqft $315.66
- Yearly Real Estate Tax $9,754
- Lot size 6,750 Sq.Feet
- Original listing price $750,000
- Year Built 1977
- Furnished ********
- Equip / Appl included ********
Community Info
- Area Palm Beach
- City Lake Worth
910 S L 1 Street, 1 -2 -3 Photos
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