AGGRESSIVE VALUE-ADD PLAY ? 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!Attention value hunters ? 927 South Pine Street delivers the kind of durable construction, strong in-place income, and rent-growth upside thats getting harder to find in todays market.This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.Property Snapshot:8 market rate apartments individually metered for water & electricFour 1BR/1BA units averaging $1,600/monthFour 4:2BR/1BA units averaging $1,800/monthcollecting Over $13,000 monthlyTenants pay ALL utilities Solid concrete block constructionBrand new roof = reduced near-term capexRecent capital improvements keep operating costs lowWhy this Location Performs:Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95, supporting consistent tenant demand.Why This Deal Hits:Strong in-place cash flowMinimal operating expensesMajor capital item already completedClear value-add opportunity with upside on rentsIdeal for a hands-on investor ready to push performanceStabilized income today ? meaningful upside tomorrow.Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up If you know how to create value, this is your next win.
Listed By
Agency Name: BAWONS Properties, Inc
Agency Phone: 305-509-8336
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 10,908.70 per month $9,048.11 Principal & Interest $1,364.75 Property Tax $495.83 Homeowner's Insurance
927 S Pine St | MLS# A11969195
This multi-family property located at 927 S Pine St, Lake Worth, FL 33460 is currently listed for sale with an asking price of $1,700,000. Search Lake Worth real estate on www.adamscameroncommercial.com today.