MLS® ID: RX-10534881
204 S M Street
Lake Worth Beach, Florida, 33460 $499,000
Huge Cash Cow Options Galore. Either live in one apartment rent the other, keep operating as a fantastic vacation rental, or run your business from home as its zoned commercial MU-E. Located in downtown Lake Worth Beach just 2 blocks south of Lake Avenue close to restaurants/stores. Currently run as a successful Vacation Rental Complex the 1st floor apartment offers 4 bedrooms suites with original marshmallow stucco walls, hardwood floors, fireplace, and 9 ft. ceilings and large living area. Unit 2 is on the 2nd floor with 3 large bedroom suites, 1 bathroom, and an open living area, full kitchen. A laundry area exists in both apartments. The roof was replaced, a termite bond in place, new wiring, and in good condition. The income is a gross of $70K, and a net of $50K.