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301 S M St, Lake Worth, FL

$1,499,900

0.23

Acres

About 301 S M St

Minutes from downtown Lake Worth and Lake Worth Beach, this turn-key property is a rare investment opportunity for any investor looking to add a cash-flowing multi-family property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, and the ability to assume a mortgage at just 4.5%. Featuring attractive amenities including an on-site laundry room (currently free for tenants), the quaint floor plans will continue to attract high-income, long-term tenants in this high-demand rental area. Space for an additional income generating structure i.e. parking lot, accessory dwelling, etc. The property has five units plus an additional flex space.

Features of 301 S M St

MLS® # A11261369
Price $1,499,900
Bathrooms 0.00
Acres 0.23
Year Built 1925
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 301 S M St
Area 5610
City Lake Worth
County Palm Beach County
State FL
Zip Code 33460-4572

Amenities

Parking Free Parking, On Street
Is Waterfront No
Has Pool No

Interior

Interior Tile
Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Construction Block

Listing Map

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