909 S N St Lake Worth, FL 33460
Spacious, renovated quadplex with upside potential near downtown.
Lot size:
0.31 AcresProperty Features for 909 S N St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.31 Acres
Building Details
- Year built
- 1981
Source:
Elliman
Listing Agent: Robert M Miller
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Quadplex Near Lake Worth
This renovated quadplex features four spacious units, each with 2 bedrooms and 2 bathrooms, and approximately 1,200 square feet. The property includes two concrete block duplex buildings situated on nearly a third of an acre. Newer roofs were installed in 2022, and impact windows and doors are present throughout. Each unit has either a washer/dryer or the possibility of hook up, and separate electric and water meters. Ample off-street parking is available. Located minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront, this property offers rental upside in a high-demand neighborhood. The property has approximately 4,800 total square feet. Potential market rent is $2,300 or more per month per unit, offered at a 5.75% cap rate. The property is ideal for long-term tenants, short-term rental conversion, or 1031 exchange buyers looking for a stabilized, turnkey asset with upside potential. Possible owner financing is available with 40% down.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0611214
- Latitude
- 26.6268271
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FAQs
What type of property is this?
Quadplex - Spacious, renovated quadplex with upside potential near downtown.
Where is this quadplex located?
The property is located at 909 S N St Lake Worth, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Fully renovated quadplex featuring four spacious 2-bedroom, 2-bath units (approx. 1,200 sq ft each).; - Newer roofs (2022) and impact windows & doors throughout.; - Excellent location minutes from downtown Lake Worth Beach, Bryant Park, and the oceanfront.
