110 S B St - Multi-Family FOR SALE


Lake Worth, FL 33460- Hope
$975,000 USD
305-509-8336
110 S B St, Lake Worth, FL for Sale
$975,000 USD
Multi-Family - FOR SALE
1/12
null | 7% Cap Rate

110 S B St
Lake Worth, FL 33460
Hope


HIGHLIGHTS

  • Tenant-Magnet Location 1 Block off Lake Avenue
  • Desirable Unit Mix with Four Two bedroom Apartments + ADU
  • Easy Access to Downtown, Jobs, Schools, Parks, Lake Worth Rd, Dixie Hwy, 6th Ave, and I-95

OVERVIEW

CASH FLOW MONSTER IN DOWNTOWN LAKE WORTH — Value Add QUADPLEX with an ADU. This is the high-performing property, income-producing asset is reliably collecting $8830 monthly with ownership paying less $500/month in utilities. Located at 110 South B Street, just one block off Lake Avenue in the heart of Downtown Lake Worth, this fully rented quadplex with an extra ADU delivers the kind of strong, reliable cash flow serious investors demand. 5 total income stream (4-unit quadplex + Extra) Four 2-bedroom / 1-bathroom units rented at $1900 Renovated over the years — reduced immediate capex Enhanced income stream thanks to the ADU rented at $1180 Prime rental location with consistent tenant demand one block off Lake Avenue. Positioned in a high-demand downtown corridor with easy access to major employment centers, schools, restaurants, the beach, and the Town of Palm Beach. Tenants want to be here — and experienced investors know why Why This Deal is a Win: Tenants' Magnet Location Strong in-place cash flow Value-add upside potential Walkable downtown location Whether you’re expanding your portfolio or securing a high-yield foothold in Lake Worth, this asset checks the boxes. Act fast — income properties in this tenants' magnet location move quickly.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Quadplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

38-43-44-21-15-065-0060

ASK ABOUT THIS PROPERTY

Wendy PierreBAWONS PropertiesMore Info
305-509-8336

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Wendy PierreBAWONS PropertiesMore Info
305-509-8336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.