Lake Worth Town Of

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Deposit Held, Copy Of Lease(S), Rent Rolls
• Architectural Style: Detached, Other
• Cooling: Central Air, Wall/Window Unit(s)
• Heating: Central, Window/Wall
• Flooring: Concrete, Wood
• Construction Materials: Frame With Stucco

Description:

TURNKEY CASH FLOW IN THE HEART OF DOWNTOWN LAKE WORTH!

Investor-ready and fully renovated, this high-performing multi-unit compound delivers immediate income and long-term upside in one of Lake Worth’s most tenant-friendly locations. Situated on a prime corner lot just a couple blocks from downtown, this property combines strong in-place rents with low operating costs — exactly what today’s investors are chasing.

Property Breakdown:

Two-story triplex:

Ground floor: 1 spacious 3BR/2BA apartment

Second floor: Two 2BR/1BA apartments

Detached 2BR/1BA apartment home on the same parcel

Fully renovated throughout — minimal deferred maintenance

Reliable gross income of $7,950/month

Owner utilities under $400/month — strong expense control

Positioned within walking distance to Lake Worth’s most popular bars, restaurants, and entertainment venues, this property benefits from consistent rental demand. Easy access to major job centers, schools, the beach, and the Town of Palm Beach makes it even more attractive to tenants.

Why Investors Love This Asset:

Immediate, proven cash flow

Renovated units = reduced capex risk

Desirable unit mix

Corner lot with strong rental appeal

Low operating expenses relative to income

Prime walkable downtown location

Turnkey. Stabilized. Cash flowing. Renovated Properties with proven track record like this in Downtown Lake Worth are rare.

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Listing ID: A11968882