4063 Herbertz Road
$1,695,000
—
5,880
5,880
$288
Description
Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped,...Investment Opportunity! Excellent opportunity to acquire a strong cash flowing multifamily asset that is 100% occupied and priced at a 7.5% cap rate. Property consists of (3) duplexes for a total of 6 units on almost an acre of land. Each unit has a similar floor plan comprised of 3 bedrooms and 1 full bath. Upgrades vary by unit and include impact sliders/windows, new ACs (in 4 of 6 units), updated bathrooms/ kitchens, new tile flooring, fresh paint, etc. The exterior was just painted, landscaped, offers plenty of parking, and new exterior lighting. Attached is a brochure with more details.
- Listed by Daniel J DeRogatis • Re/Max Direct
- Listed by Janelle Mae Khan • Re/Max Direct
Property Details for 4063 Herbertz Road
Subdivision
PALM BEACH FARMS CO 7
WaterfrontNo
Waterfront DetailsNone
ViewGarden
StyleNo Pool/No Water
LISTING UPDATED: 10/07/2024 07:44 PM
Property Details for 4063 Herbertz Road
Status | Active |
---|---|
MLS # | RX-10997031 |
Days on Market | 190 |
Taxes | $16,606 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1979 |
Lot Size | 0.86 AC / 37,462 SF |
County | Palm Beach County |
Building Information for 4063 Herbertz Road
Stories1Residences6Year Built1979Building Size-Lot Size0.86 AC / 37,462 SF
Property Information for 4063 Herbertz Road
Property History for 4063 Herbertz Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4063 Herbertz Road
Taxable ValueLand$278,406Additions$562,963Total$841,369
Tax Record2023$16,606 ($1,384 / month)
Home Facts
Baths6Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtStories1Lot Size37,335 SqFtStyleDuplexYear Built1979Year Renovated1989ZoningRMCountyPALM BEACHAPN00-43-44-30-01-015-0032
Schools near 4063 Herbertz Road
This home is within Palm Beach.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Palm Springs Elementary School PublicPK to 5 | ||
Lake Worth Community Middle School Public6 to 8 | ||
Lake Worth High School Public9 to 12 | ||
Somerset Academy JFK Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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