About 715 Washington Av #1-4
Exceptional investment opportunity in the heart of Lake Worth Beach! This solid 4-unit multifamily at 715 Washington Ave features four spacious 3-bedroom, 1-bath apartments, each with its own washer & dryer, separate water and electric meters, and private entrances. Three units are currently rented at $2,200/month, with one vacant unit; market rent potential is $2,500/month per unit, bringing possible gross annual revenue to $120,000. Units offer bright living spaces, functional kitchens, and a well-maintained layout. Situated on a generous lot with off-street parking, the property is close to schools, shopping, dining, public transit, downtown, and beautiful beaches. With strong rental demand and value-add potential, this is an ideal cash-flowing asset for any investor.
Features of 715 Washington Av #1-4
MLS® # | RX-11115975 |
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Price | $1,250,000 |
Bedrooms | 12 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 4,712 |
Acres | 0.15 |
Year Built | 1980 |
Type | Multi-Unit |
Sub-Type | Quad Plex |
Style | No |
Status | Price Change |
Community Information
Address | 715 Washington Av #1-4 |
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Area | 5640 |
Subdivision | OSBORNE ADD AMND |
City | Lake Worth Beach |
County | Palm Beach |
State | FL |
Zip Code | 33460 |
Amenities
Utilities | 3-Phase Electric, Public Water |
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Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Heating | Central Building |
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Cooling | Central |
# of Stories | 2 |
Exterior
Exterior Features | None |
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Lot Description | < 1/4 Acre |
Roof | Comp Shingle |
Construction | Block, Concrete |
Additional Information
Zoning | SF-TF- |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | KW Innovations |
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