805 S H St Lake Worth, FL 33460
Sixteen-unit multifamily property in Lake Worth with strong rental upside.
Property Features for 805 S H St
General Information
- Property type
- Investment
- Standard status
- Active
Building Details
- Year built
- 1970
Source:
Elliman
Listing Agent: Wendy Pierre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Lake Worth Multifamily Investment Opportunity
This offering features four concrete block quadplexes located at 805, 809, 817, and 821 South H Street in Lake Worth. The investment comprises 16 apartments, each with 2 bedrooms and 1 bath, offering over 815 square feet of living space. The layout is designed to attract long-term tenants. Several major expense items have been addressed, including new roofs and new central A/C systems. Utilities are individually metered, allowing tenants to pay for water and electric. Current rents average approximately $1,900 per unit, with a potential to reach market rents of around $2,100 with minimal additional investment. The property is conveniently located near Dixie Highway, 6th Avenue, and I-95. This portfolio presents an opportunity for an investor to unlock significant value while strengthening the property's financial performance.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0588983
- Latitude
- 26.6059756
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Sixteen-unit multifamily property in Lake Worth with strong rental upside.
Where is this quadplex located?
The property is located at 805 S H St Lake Worth, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - Rare opportunity to acquire four concrete block (CBS) quadplexes (16 units total) in a desirable Lake Worth location.; - Significant capital improvements already completed: **new roofs and new central A/C systems.**; - Individually metered utilities (water and electric) allow tenants to pay their own usage.
