Current Use by Public Records
- Multifamily properties
Property Details for 920 Haverhill Rd
- Year built
- 1945
- Lot size
- 0.65 lot acres
- Property type
- Multifamily properties
Description
This exceptional multifamily investment property, located at 920 N Haverhill Road Unit 1a in Haverhill, Florida, presents a compelling opportunity for discerning investors. The property encompasses a substantial 0.65-acre lot and comprises eight units, all of which have undergone recent and comprehensive updates. This ensures immediate income generation and minimizes the need for costly renovations. A key feature enhancing both the property's value and its resilience is the installation of impact windows and doors throughout the entire complex. This significant upgrade provides superior protection against severe weather events, a crucial consideration in Florida's climate, and contributes to lower insurance premiums. Furthermore, the property boasts clean inspection reports, providing peace of mind and facilitating a smooth transition for the new owner. The property's strong financial performance is underscored by its 8 CAP rate, indicating a robust return on investment. This makes it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. The property's location in Haverhill, Florida, offers further advantages, though specific details regarding local amenities and market dynamics are not provided here. This turnkey investment opportunity is ready for immediate ownership and income generation. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Haverhill
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1192
- Latitude
- 26.6909
