Property Description: Fourplex on 1106 S L St, Lakeworth, Florida state. This listing was added to our database on Dec 31, 2015. Listing was updated in 01/02/17. Year of built is 1980. 10 apts in 2-story building on a 1/3 acre lot 8x1bed and 2x2bed, mostly renovated, 9 units on year lease, 1 unit mtm. Coin operated laundry. Large paved parking lot. Solid CBS concrete construction. Attractive landscaped frontage. Solid bones on large lot spells a quality future. The building is located in charming, up and coming Lake Worth, east of Dixie Highway and a half-mile to the trendy downtown arts area. Professionally managed. Great financials. $95K+ gross income. 7.13% cap rate.
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