
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Hold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $343
Subdivision Lake Worth Town Of Add 1
MLS Listing ID R11142856
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $8,084
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50.0 ft x 135.0 ft
Property Sub-Type Duplex
Property Description
Both Units come with long term ''good'' tenants. Total rents are now $4,400 per month with a $50/month annual increase. April 1, 2026 Rents will increase to $4,500/month. The Roof is approximately five years. The owner recently invested significant time and expense to install a brand-new separate 2nd water meter, allowing each tenant to pay their own utilities and reducing operating costs for the next owner. The outside shed has a washer and dryer hook up and is currently used for storage. Excellent income property close to downtown, restaurants, shops, and the famous Lake Worth Beach Pier.
Location
State FL
County Palm Beach
Area 5610
Direction Take US 1 to 10th Ave N go east then make a right (south) on S K Street. Proceed to 1020 S K Street.
Rooms
Other Rooms Shed(s)
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Window Features Metal,Single Hung,Storm Window(s)
Laundry Washer Hookup, Dryer Hookup, Outside
Exterior
Exterior Feature Outdoor Living Area, Room For Pool
Fence Fenced
Utilities Available Cable Available, Sewer Available, Water Available
Amenities Available None
Waterfront Description None
View Y/N Yes
Water Access Desc Multiple Meters,Public
View Other
Roof Type Composition
Porch Porch
Private Pool No
Building
Lot Description Sprinklers Automatic, < 1/4 Acre
Dwelling Type Duplex
Sewer Public Sewer
Water Multiple Meters, Public
Level or Stories One
Additional Building Shed(s)
New Construction No
Construction Status Resale
Schools
Elementary Schools South Grade
Middle Schools Lake Worth
High Schools Lake Worth
Others
Pets Allowed No
Senior Community No
Tax ID 38434427010360040
Acceptable Financing Cash, Conventional, Trade, VA Loan
Listing Terms Cash, Conventional, Trade, VA Loan
Special Listing Condition Listed As-Is
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