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901 North K St.
triplex
What an incredible buy! This mint condition 1957 triplex is composed of a spacious 2/2 single family home, plus a separate adjacent duplex which consists of a 2/1 plus a 1/1. Both structures are made of strong and sturdy concrete block construction, and there are three separate electric meters. The location, right across from award-winning "A" rated North Grade Elementary School, assures you eternal ease in finding tenants at generous rental rates. There will always be parents who will pay a premium to live across from such a great public school so their children can easily and safely walk to class and back home without needing time-consuming car transport. And it is an elementary school building only, very peaceful as a neighbor, not in any way similar to living near a high school, rest assured of that! Each tenant at this enchanting triplex has their own private fenced rear patio, another special feature you won't often find. The overall parcel measures 50' x 135', large and beautifully landscaped. With the very healthy income this property generates, compared to the extremely low sales price at which it's offered for sale, this is undeniably a fantastic asset to add to your portfolio. Located in the highly-preferred Northeast quadrant of Lake Worth, investment property opportunities don't get much better than this!
$199,000 - SOLD!
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