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1008 18th Ave N, Lake Worth, FL, 33460

4beds
4baths
2,484sqft
$925,000
$372price/sqft
$7,934/moest. monthly cost
$317,360/yrincome needed

About This Home

Rare opportunity to acquire a fully occupied, income-producing 4-unit multifamily property in the heart of Lake Worth Beach, FL. Each unit has been recently upgraded with central AC, new flooring, modern lighting, and renovated kitchens and bathrooms, and the property also includes a coin laundry room for additional income. The building generates almost $7,000 per month and offers immediate cash flow with upside potential through rental growth and operational improvements. Ideally located just minutes from downtown Lake Worth Beach, the area’s beaches, I-95, and Palm Beach International Airport, this investment combines stable income with long-term appreciation potential.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

5/10
2/10
Lake Worth High SchoolGrades PK,9-121.6 mi

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Other,Shingle
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Other,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,036
  • Total interior livable area: 2,484 sqft

Property

Details

  • Parcel number: 38434415160430140
  • Zoning: SF-TF-14

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4