3088 Prince Drive, Lake Worth, FL 33461

$575,000
1,800
SqFt

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List Price
$575,000
Status
ACTIVE
Days on Market
73
MLS#
B26055335
Subtype
Residential Income
Year Built
1960
Living Area
1,800
Subdivision
Palm Beach Farms Co Place
Neighborhood
PB17
MLS Area Major
5700

Property Description

BRAND NEW ROOF!! Excellent investment opportunity! Well-maintained duplex featuring two spacious 2-bedroom, 1-bath units plus a den/office in each unit. The den is currently being used as a third bedroom, offering additional flexibility and rental potential. Each unit has its own private washer and dryer, separate electric meter, and remodeled bathroom. Long-term tenants have been in place for over 10 years and would like to remain, providing stable income from day one. Current rents are $2,100/month and $2,000/month, offering immediate cash flow. BOTH TENANTS ON MONTH TO MONTH. Backyard is all pavers eliminates rear lawn maintenance, Recent improvements include a new permitted roof (2025), permitted plumbing upgrades (2025), and permitted electrical improvements (2024). Seller updates also include newer A/C systems, newer water heaters, remodeled bathrooms, and private washers and dryers in each unit. This is a turnkey, income-producing property that's ideal for investors seeking strong cash flow with minimal deferred maintenance.

Additional Information

Exterior Features
Storage
Taxes
$7,743
Zoning
RM
Flooring
Ceramic Tile, Tile
Heating
Central, Separate Meters
Air Conditioning
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Exterior Construction
Block, Frame
Stories
1
Levels
One
Roof
Composition, Shingle
Elementary School
Barton
Middle School
Lake Worth
High School
Lake Worth

Listing courtesy of The Keyes Company. Contact: 561-577-0398

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Agent: Michael J Johnston | Email: michael@johnstonhometeam.com