Price Reduction
Address
4733 Mulberry Road Lake Worth, FL
Price
$ 629,000
Property Attributes
  • MLS#RX-10674372
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityLake Worth
  • Area5700
  • NeighborhoodMulberry Park
  • Zip33463
  • StyleQuad Plex
  • Year Built1973
  • Taxes9613
  • Price$ 629,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3696
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
KW Innovations
Property Description

Amazing Lake Worth location on this cash-flowing quadplex. All four units are 2 bedroom, 1 bathroom with in-unit laundry. Very desirable for tenants! Two CBS structures with privacy walls/fences, excellent parking, and low maintenance landscaping.Proven rent roll; 3 of 4 units have had limited renovations to increase rent. 4th unit can be delivered vacant and ready for upgrades. In-place rents are market and ready for annual increases. Can be purchased with conventional financing for an outsized return on equity. In-place financials and pro-forma available upon request.

Price History
11/27/2020 Listed $659,900
1/19/2021 5% - $629,000

General Features

Adult 55+ No Hopa
Area 5700
Auction No
Construction CBS
Cooling Ceiling Fan, Electric
Exterior Features None
Flooring Ceramic Tile
Geo Area PB17
Geo Lat 26.607067
Geo Lon -80.103045
HOA None
Heating Electric
Legal Description MULBERRY PARK LT 12 (LESS S 15 FT RD R/W)
Possession Funding
Property Type B
REO No
Restrict None
Roof Comp Shingle
Short Sale No
Source Of Expenses Owner, Proforma
Status Active
Stories 1.0
Subdivision MULBERRY PARK
Tax Year 2020
Taxes 9613.38
Tenant Pays None
Terms Considered Cash, Conventional, FHA, VA
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/4733-Mulberry-Road-Lake-Worth-FL-33463/unbranded
Year Built 1973
Zoning RM

Interior Features

SqFt - Living 3696.00
Total # Of Units 4
Unit 1 Desc Dryer, Kitchen, Range - Electric, Refrigerator, Washer
Unit 2 Desc Dryer, Kitchen, Range - Electric, Refrigerator, Washer

Exterior Features

Carport Spaces 0.00
Lot Description 1/4 to 1/2 Acre
Number of Garage Spaces 0.00
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Open Parking
Unit 2 Parking Open Parking
Waterfront None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33463

Price
AVG $670K
$630K
Taxes
AVG $6,309
$9,613
Visits
AVG 41
30
Year Built
AVG 1971
1973
Walkscore
AVG 42
20
Data Provided by Walkscore ® not using MLS data

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