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Multifamily

829 N H St

829 N H St, Lake Worth Beach, FL 33460

Listing Price: $740,000

Cap Rate
6.12%
Number of Units
4
GRM
9.60
Occupancy
96.0%
Price/Unit
$185,000
Price/Gross SF
$258.38
Gross SF
2,864

Investment Overview

Marcus & Millichap, as exclusive listing agents, is pleased to present to market 829 N H Street. The property consists of four units in Lake Worth Beach, Florida. The unit mix consists of one (1) studio unit and three (3) one-bed / one-bath units. The property was built in 1960 with concrete block construction and a pitched composite shingle roof. The building is separately metered for water and electricity. The major thoroughfares the property lies between are Lake Worth Road to the south, and 10th Avenue North to the north, Interstate-95 and US-1 to the west, and Federal Highway to the east.

This Quadplex provides an owner occupant or investor an excellent opportunity to purchase a stable, cash flowing asset in the quickly growing city of Lake Worth Beach.

Investment Highlights

  • Located In Highly Populated Lake Worth Beach
  • Concrete Block Construction
  • Three One-Bed / One-Bath Units and Studio Unit With Garage For Additional Income

Exclusively Listed By

Financing By

Listing Price: $740,000

Cap Rate
6.12%
Number of Units
4
GRM
9.60
Occupancy
96.0%
Price/Unit
$185,000
Price/Gross SF
$258.38
Gross SF
2,864

Investment Highlights

  • Located In Highly Populated Lake Worth Beach
  • Concrete Block Construction
  • Three One-Bed / One-Bath Units and Studio Unit With Garage For Additional Income

Investment Overview

Marcus & Millichap, as exclusive listing agents, is pleased to present to market 829 N H Street. The property consists of four units in Lake Worth Beach, Florida. The unit mix consists of one (1) studio unit and three (3) one-bed / one-bath units. The property was built in 1960 with concrete block construction and a pitched composite shingle roof. The building is separately metered for water and electricity. The major thoroughfares the property lies between are Lake Worth Road to the south, and 10th Avenue North to the north, Interstate-95 and US-1 to the west, and Federal Highway to the east. This Quadplex provides an owner occupant or investor an excellent opportunity to purchase a stable, cash flowing asset in the quickly growing city of Lake Worth Beach.

Exclusively Listed By

Financing By

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