Lake Worth Beach, Lake Worth, FL 33460
Property Type
Quadruplex
Central AC
Yes
Year Built
1970
Home Style
Fourplex
Listing courtesy of Wendy Pierre of BAWONS Properties, Inc.
THIS OFFERING IS PART OF A 32-UniT Apartment Portfolio comprising of 927 S Pine St, 714 South F, and 805-809-817-821 South H RARE 16-UNIT MULTIFAMILY OPPORTUNITY – FOUR SOLID CBS QUADPLEXES IN A TENANT-MAGNET LOCATION Exceptional opportunity to acquire four concrete block quadplexes located at 805, 809, 817, and 821 South H Street in Lake Worth. This investment consists of 16 large 2-bedroom / 1-bath apartments, each offering over 815 square feet of living space, a highly desirable layout that consistently attracts long-term tenants. Ownership has already addressed several major expense items, dramatically reducing near-term capital risk: Brand new roofs New central A/C systems Individually metered utilities allowing tenants to pay for water and electric Current rents average approximately $1,900 per unit, presenting a clear path to market rents of around $2,100 with minimal additional investment. The large unit sizes, desirable layout, and strong location make achieving market rents highly attainable for a capable operator. Opportunities to acquire 16 well-located CBS units with major improvements already completed are increasingly rare in Lake Worth. With low operating expenses, limited capital requirements, and clear rental upside, this portfolio presents a compelling opportunity for an astute investor to unlock significant value while strengthening the property's financial performance.
Lake Worth
A11979194
13,068 Sqft
Lake Worth Beach
Quadruplex
1970
Fourplex
Block
1
One
1970
TOD-E (c
Lake Worth Beach
florida
Yes - Central Air
Concrete, Ceramic Tile, Laminate
Yes - Central
Total$19,919.88/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

Lake Worth Beach blends artistic charm with coastal living along Palm Beach County’s vibrant shoreline. This lively community is known for its historic downtown, colorful murals…
Information is deemed reliable but is not guaranteed and should be independently verified.