$125,000
Lake Worth Beach, 33460
MLS# R2371145
Status: Closed
800 sqft

1 / 1
Property Description
COMPLETEY RENOVATED DUPLEX JUST 4 BLOCKS SOUTH OF ARTSY DOWNTOWN LAKE WORTH!!RENTS WAY UNDER MARKET, OPERATING INCOME IS PROJECTED AT $525.O0 PER MONTH PER UNIT - CURRENTLY $385. & $450. PER MO. ON MONTH-TO-MONTH BASIS ALL ELECTRICAL FROM METERS, PANEL AND INTERIOR WIRING NEW, NEW TILE FLOORS, NEW KNOCK DOWN FINISH ON WALLS, NEW KITCHENS INCLUDING CABINETS & APPLIANCE NEW BATHROOMS, NEW A/C UNITS, NEW PAINT IN AND OUT - OUTSIDE STORAGE ROOM GREAT OPPORTUNITY FOR NEW OR SEASONED INVESTORS
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2003-12-10
Status: Closed
Original List Price: 139900
Sold Price: $125,000
Current Price: $125,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Lake Worth Beach
Postal Zip: 33460
Geographic Area: PB16
Special Assessment YN: No
Country: United States
Street Number: 422
Street Direction Prefix: S
Street Name: K
Postal Code: 33460
Subdivision Name: LAKE WORTH TOWN OF I
Area: 5630
Parcel Number: 38434421151550060
Zoning: RES
Directions: I-95 TO 6TH AVE., S, EAST TO K, TURN NORTH, ON RIGHT SIDE
General Property Information
Number Of Units Total: 2
Living Area Main: 800
Lot Size Dimensions: 25 X 135
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
LP/Assessed Value: 3.37
Property Sub Type: Duplex
Building Area Main: 800
Year Built: 1935
Financial Information
Tax Assessed/SOH Value: 40088
Tax Annual Amount: 1170
Tax Year: 2002
Tax Legal Description: TOWN OF LAKE WORTH LT 6 BLK 155
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2004-04-01T14:06:02Z
Major Change Type: Contingency
Price Change Timestamp: 2004-01-19T14:06:02Z
Status Change Date: 2004-04-27
Under Contract Date: 2004-03-02
Close Date: 2004-04-26
Close Price: 125000
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Ceramic Tile: 1
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Electricity: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
Window/Wall: 1
Water Access
None: 1
Construction Materials
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Interior Lot: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 2670
Gross Income: 13200
Net Operating Income: 10530
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Listing Agent Must Accompany: 1
Pool Size Details
Pool Size (WxL): 0 X 0
Restrictions
No Restrictions: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 385
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 400
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 450
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 400
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 156.25
Original List Price To Close Price: 1.11
Acreage Description
Less Than 1/4 Acre Lot: 1
Originating Details
Originating System Key: 20130214035225727072000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Electric: Three Phase
Flooring: Ceramic Tile
Tenant Pays: Electricity
Source Of Expenses: Owner Provided
Construction Materials: Frame
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash; Conventional; FHA
Lot Features: Interior Lot
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Listing Agent Must Accompany
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Kustom Properties Group
Last Updated: August - 06 - 2026
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