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
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
Building
Lot Description < 1/4 Acre
Story 2.0
Foundation Block,Concrete
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/715-Washington-Avenue-14-Lake-Worth-Beach-FL-33460/unbranded