MLS® ID: RX-10526323
119 N Palmway
Lake Worth, Florida, 33460 $849,000
Palmway House and studios consists of a charming main house with 3 bedroom plus 2 dens that are furnished as bedrooms as well as 3 studio apartments. All units are currently managed as a vacation rental. The units are fully furnished/turnkey. The main house has been built in 1925, the studios were built in 1960. During the last two years, the owner has upgraded some of the electrical and plumbing, a new AC and water heater in the main house. There is a rear entry with parking (4) and a laundry facility. The building is located one mile from the beach in the heart of booming downtown Lake Worth. There is strong rental demand in this prime location, buyer can take over rental agreements for 2020. The property offers lots of upside potential, current owner runs this next to his full time job.