This Multifamily Property is no longer advertised on LoopNet.com.

1148 S Ridge St
Lake Worth, FL 33460
Ridge Court · Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 4,951 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1977/2015
Parking Ratio 2.19/1,000 SF
Zoning SF7

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • Laundry Facilities

About 1148 S RIDGE ST , LAKE WORTH, FL 33460

ALL CBS PROPERTY. 4 UNITS ARE ONE BED AND ONE BATH, 1 UNIT IS A THREE BED TWO BATH (functioning as a 2/1 and a 1/1) SELLER IS APPLYING FOR NEW ELECTRIC AND WATER METERS AND DIVIDING THE 3/2 INTO TWO UNITS - 1 X 2/2 AND 1 X 1/1 THIS IS INCREASE THE PROPERTY INCOME AND ALSO IT WILL BE A 6 UNIT APARTMENT BUILDING INSTEAD OF A 5 UNIT PROPERTY. ALL UNITS HAVE CENTRAL AIR AND SEPERATE WATER AND ELECTRIC METERS. ALL TENANTS PAY THEIR OWN UTILITIES. EVERY UNIT HAS ITS OWN WATER AND ELECTRIC METERS. ALL UNITS ARE TILED AND IN GREAT CONDITION, PROPERTY HAS REGULAR PEST CONTROL DONE. BRAND NEW CENTRAL AC'S INSTALLED RECENTLY IN ALL UNITS. EASY TO LEASE AND CURRENTLY RENTED AT LOWER THAN MARKET RATES.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $775.00 750 - 850
2+2 1 $1,000 1,150

Property Taxes

Property Taxes

Parcel Number
38-43-44-28-12-000-0250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$454,072
  • Listing ID: 7298642

  • Date on Market: 5/19/2017

  • Last Updated:

  • Address: 1148 S Ridge St, Lake Worth, FL 33460

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