3088 Prince Drive, Lake Worth, FL 33461

$575,000
1,800
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$575,000
MLS
B26055335
Status
ACTIVE
Type
Multifamily
Living Area
1,800

Property Description

BRAND NEW ROOF!! Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow. BOTH TENANTS ON MONTH TO MONTH. Backyard is all pavers eliminates rear lawn maintenance, Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

Additional Information

Days on Market
8
Style
Duplex
Year Built
1960
Development Name
Palm Beach Farms Co Place
#Stories
1
Construction Type
Concrete Block Construction, Frame, Frame With Stucco

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of The Keyes Company, Contact: 561-577-0398