1229 M Street

Lake Worth Beach, FL 33460
Square Ft.
1,246
$480,000
Amazing income & investment opportunity 7.4% cap rate. This large Duplex is 2 Bedrooms / 2 Bath on one side and 1 Bedroom 1 Bath on the other, separate electric, and plenty of parking. The owner began renovating the 2 bedroom unit with new porcelain floors however would like toRead MoreRead Less
Courtesy of RPM LUXE REALTY, Rodger P Morelli, 561-929-7317.
Listing Snapshot
Days Online
159
Last Updated
Property Type
Duplex
Square Ft.
1,246
Lot Size
0.15 Acres
Year Built
1957
MLS Number
RX-11080470
30 Days Snapshot Of 33460
$479k
-21%
(avg) sold price
21
-16%
homes sold
136
+36%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,246 total living square feet, 1,318 total square feet, Built in 1957, 1 story, 2 units in building, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 1,246 square feet, Unit 2 is 1,246 square feet, CBS, Concrete, A/C Unit, Dishwasher, Dryer, Electric Meter, Range - Gas, Refrigerator, Washer, A/C Unit, Electric Meter, Range - Gas, Refrigerator
Cooling
Electric
Exterior Features
Room for Pool, Shutters
Floors
Ceramic Tile
Heating
Other
Home Owner's Association
HOA fee per month: $0
Interior Features
Unit 1 furnished?: No, Unit 2 furnished?: No
Lot
Lot dimensions: 50.0 ft x 135.0 ft, 6,750 lot square feet, < 1/4 Acre
Miscellaneous
Business type: None, Unit 1 monthly income: $2,675, Unit 2 monthly income: $1,800, Gross operating income: $53,700, Annual total expense: $18,083, Annual net operating income: $35,617, Cable, Electric, Cash, Conventional
Parking
Open Parking, Open Parking
Property
Property type: B, Zoning: SF-R(c, Waterfront: No, Other, None
Roof
Tar/Gravel
Taxes
Real estate taxes: $7,883, Tax year: 2024, City/County
Utilities
0.00 meter, Cable, Gas Natural, Public Sewer, Public Water
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