906 Foresteria Drive, Lake Park, FL 33403

$1,050,000
3,384
SqFt

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List Price
$1,050,000
MLS
B26066747
Status
ACTIVE
Type
Multifamily
Living Area
3,384

Property Description

Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.

Additional Information

Days on Market
23
Style
Fourplex
Lot Size
10,080
Exterior Features
Other
Year Built
1973
Development Name
Kelsey City
#Stories
2
Construction Type
CBS Construction

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Listing Courtesy of Capital Investments R.E. Corp., Contact: