CAP RATE EASILY 8% OR MORE WITH ONE OF THE FEW REALLY GREAT INVESTMENT OPPORTUNITIES IN LAKE WORTH/PALM SPRINGS! GREAT LOCATION WITH A 3/2 SF HOME AND A 2 STORY DUPLEX WHICH INCLUDES A 2/1 & AN EFFICIENCY ALONG WITH 2 ONE CAR GARAGES AND A HUGE CARPORT! AND THAT'S NOT ALL! THE PROPERTY INCLUDES AN ADJACENT 9500 SQ FT LOT READY TO BUILD ADDITIONAL INCOME UNITS - EVEN MANUFACTURED HOMES! THE SF AND 2/1 ARE LEASED WITH SATISFIED TENANTS. THE EFFICIENCY (ESTIMATED RENT $450) NEEDS WORK BUT COULD BE EXPANDED INTO 1 OF THE 2 GARAGES FOR A SPACIOUS 1/1. ALL TILE OR WOOD FLOORS, MANY NEWER APPLIANCES, AC AND UPDATED KITCHENS AND BATHS. EASY TO SHOW BY APPOINTMENT TO WELL QUALIFIED BUYERS! DO NOT DISTURB THE TENANTS.
Off market
$670,900
16 Miller Rd, Palm Springs, FL 33461
5beds
0baths
2,415sqft
MultiFamily
Built in 1946
-- sqft lot
$670,900 Zestimate®
$278/sqft
$2,167 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central, Other
Appliances
- Included: Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
Interior area
- Total interior livable area: 2,415 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Garage - Attached
Features
- Exterior features: Stucco, Wood
Lot
- Size: 0.44 Acres
Details
- Parcel number: 70434419090000121
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Other
Condition
- Year built: 1946
Community & neighborhood
Location
- Region: Palm Springs
Other
Other facts
- Granite countertop
- Living room
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$670,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$670,900