Price reduced
Photo 1 of 60$899,000
Price reduced906 Foresteria Drive, Lake Park FL 33403
3,384 sq ftBuilt 1973MLS# B26066747
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About this property
Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD - Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
Property details
- Property type
- Multi-family
- Year built
- 1973
- Living area
- 3,384 sq ft
- Price per sq ft
- $266
- Property taxes
- $13,344/yr
- Floors in building
- 2
- Building / community
- Kelsey City
- Status
- Price reduced
- MLS #
- B26066747
