IMMEDIATE INCOME GENERATING INVESTMENT PROPERTY WITH NINE UNITS of Multifamily on two ADJACENT Properties! Sale consists of three buildings on two parcels: 1415 North J Street $1,200,000 & 1407 N J Street for $650,000 (RX-10821323) as one offering for $1,850,0001415 Has six (6) 2 bed/1 bath units and 1407 has three (3) 1 bed/1 bath units in the heart of Lake Worth near the beach just off of LAKE and DIXIE.Constructed of solid CBS, these buildings are in great shape with 3 year old roofs, several recently renovated units, private backyards and happy tenants. Located in a highly desirable section of Lake Worth, close to Public transportation and shopping. 80% Occupied with lots of room for rents to increase.

Construction Cbs Roof Comp Shingle Waterfront Description None Waterfront YN No

Bath Toilets 6.00 Ceiling Sheet Rock Cooling Wall-Win A/C Door Height 80 Flooring Ceramic Tile Heating Window/Wall Miscellaneous1 Landscaped Miscellaneous2 Outside Storage Percent Air Conditioned 100.00 Unit1 Unit Desc 2 Bedroom Unit2 Full Baths 1 Unit2 Unit Desc 2 Bedroom Unit3 Full Baths 1 Unit3 Unit Desc 2 Bedroom Unit4 Full Baths 1 Unit4 Unit Desc 2 Bedroom Unit5 Full Baths 1 Unit5 Unit Desc 2 Bedroom Unit6 Unit Desc 2 Bedroom

Ann Assoc Condo Dues 0.00 Auction No Available Docs None Available Info Books & RecordsCopies Of Lease Expenses Insurance 3200.00 Expenses Maint And Repair 1000.00 Expenses Miscellaneous 2008.00 Expenses Real Estate Taxes 13888.00 Expenses Total Expenses 24416.00 Expenses Utilities 4320.00 Fire Protection Smoke Detector For Lease No For Sale Yes Lease AnnualMonth To Month List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Beach AreaCentral Business DstCity Maintenance Fee Includes Air/Heat MaintenanceInsurance-BldgMaintenance-ExteriorReal Estate TaxSewerWater Meters 6.00 Monetary Info Gross Sched Income 99900.00 Monetary Info Net Oper Income 76480.00 Monetary Info Source Of Expenses Books Monetary Info Total Expenses 24416.00 Possession At Closing Sale Includes Building And LandFixtures Security FenceGate - Unmanned Special Info Presently Leased Tax Amount Real Estate Taxes 13888.00 Tax Year 2021 Tenant Pays CableElectric Tenants 6 Terms Considered CashConventional Type Of Building Free StandingIncomeResident. Multi-Fam. Unit1 Ann Rent 1200.00 Unit1 Rent Period Month Unit1 Units 1 Unit2 Ann Rent 1400.00 Unit2 Rent Period Month Unit3 Ann Rent 1600.00 Unit3 Units 1 Unit4 Ann Rent 1400.00 Unit4 Rent Period Month Unit4 Units 1 Unit5 Ann Rent 1400.00 Unit5 Units 1 Unit6 Ann Rent 1325.00 Unit6 Rent Period Month Unit6 Units 1 Use Income Utilities ElectricLake Worth Drain DstMunicipal WaterPublic SewerPublic WaterSeparate Meter Zoning Sf-Tf-14

1415 N J 1 Street N , #1

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1415 N J 1 Street N , #1 Lake Worth, FL 33460

Property Description

Construction	Cbs
Roof	Comp Shingle
Waterfront Description	None
Waterfront YN	No

Bath Toilets	6.00
Ceiling	Sheet Rock
Cooling	Wall-Win A/C
Door Height	80
Flooring	Ceramic Tile
Heating	Window/Wall
Miscellaneous1	Landscaped
Miscellaneous2	Outside Storage
Percent Air Conditioned	100.00
Unit1 Unit Desc	2 Bedroom
Unit2 Full Baths	1
Unit2 Unit Desc	2 Bedroom
Unit3 Full Baths	1
Unit3 Unit Desc	2 Bedroom
Unit4 Full Baths	1
Unit4 Unit Desc	2 Bedroom
Unit5 Full Baths	1
Unit5 Unit Desc	2 Bedroom
Unit6 Unit Desc	2 Bedroom

Ann Assoc Condo Dues	0.00
Auction	No
Available Docs	None
Available Info	Books & Records Copies Of Lease
Expenses Insurance	3200.00
Expenses Maint And Repair	1000.00
Expenses Miscellaneous	2008.00
Expenses Real Estate Taxes	13888.00
Expenses Total Expenses	24416.00
Expenses Utilities	4320.00
Fire Protection	Smoke Detector
For Lease	No
For Sale	Yes
Lease	Annual Month To Month
List Office Board Code	Realtor Association Of The Palm Beaches (Rapb)
Location	Beach Area Central Business Dst City
Maintenance Fee Includes	Air/Heat Maintenance Insurance-Bldg Maintenance-Exterior Real Estate Tax Sewer Water
Meters	6.00
Monetary Info Gross Sched Income	99900.00
Monetary Info Net Oper Income	76480.00
Monetary Info Source Of Expenses	Books
Monetary Info Total Expenses	24416.00
Possession	At Closing
Sale Includes	Building And Land Fixtures
Security	Fence Gate - Unmanned
Special Info	Presently Leased
Tax Amount Real Estate Taxes	13888.00
Tax Year	2021
Tenant Pays	Cable Electric
Tenants	6
Terms Considered	Cash Conventional
Type Of Building	Free Standing Income Resident. Multi-Fam.
Unit1 Ann Rent	1200.00
Unit1 Rent Period	Month
Unit1 Units	1
Unit2 Ann Rent	1400.00
Unit2 Rent Period	Month
Unit3 Ann Rent	1600.00
Unit3 Units	1
Unit4 Ann Rent	1400.00
Unit4 Rent Period	Month
Unit4 Units	1
Unit5 Ann Rent	1400.00
Unit5 Units	1
Unit6 Ann Rent	1325.00
Unit6 Rent Period	Month
Unit6 Units	1
Use	Income
Utilities	Electric Lake Worth Drain Dst Municipal Water Public Sewer Public Water Separate Meter
Zoning	Sf-Tf-14