715 Washington AVE 1-4 new Save Request In-Person Tour Request Virtual Tour
Lake Worth Beach,FL 33460
Key Details
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Active
Purchase Type For Sale
Square Footage 4,528 sqft
Price per Sqft $287
Subdivision Osborne Add Amnd
MLS Listing ID RX-11115975
Bedrooms 12
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $17,492
Tax Year 2024
Lot Size 6,750 Sqft
Property Sub-Type Quad Plex
Property Description
Exceptional investment opportunity in the heart of Lake Worth Beach! This solid 4-unit multifamily at 715 Washington Ave features four spacious 3-bedroom, 1-bath apartments, each with its own washer & dryer, separate water and electric meters, and private entrances. Three units are currently rented at $2,200/month, with one vacant unit; market rent potential is $2,500/month per unit, bringing possible gross annual revenue to $120,000. Units offer bright living spaces, functional kitchens, and a well-maintained layout. Situated on a generous lot with off-street parking, the property is close to schools, shopping, dining, public transit, downtown, and beautiful beaches. With strong rental demand and value-add potential, this is an ideal cash-flowing asset for any investor.
Location
State FL
County Palm Beach
Area 5640
Zoning SF-TF-
Interior
Heating Central Building
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature None
Utilities Available Electric,Public Water
Amenities Available None
Waterfront Description None
Roof Type Comp Shingle
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Block,Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/715-Washington-Avenue-14-Lake-Worth-Beach-FL-33460/unbranded