920 Haverhill RdHaverhill, FL 33415

Property Details for 920 Haverhill Rd

Year built

1945

Lot size

0.65 AC

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This exceptional multifamily investment property, located at 920 N Haverhill Road Unit 1a in Haverhill, Florida, presents a compelling opportunity for discerning investors. The property encompasses a substantial 0.65-acre lot and comprises eight units, all of which have undergone recent and comprehensive updates. This ensures immediate income generation and minimizes the need for costly renovations. A key feature enhancing both the property's value and its resilience is the installation of impact windows and doors throughout the entire complex. This significant upgrade provides superior protection against severe weather events, a crucial consideration in Florida's climate, and contributes to lower insurance premiums. Furthermore, the property boasts clean inspection reports, providing peace of mind and facilitating a smooth transition for the new owner. The property's strong financial performance is underscored by its 8 CAP rate, indicating a robust return on investment. This makes it an attractive proposition for investors seeking a stable and profitable addition to their portfolio. The property's location in Haverhill, Florida, offers further advantages, though specific details regarding local amenities and market dynamics are not provided here. This turnkey investment opportunity is ready for immediate ownership and income generation. Serious inquiries are encouraged.

Location Insight

City

Haverhill

County

Palm Beach

State

Florida

Latitude

26.6909

Longitude

-80.1192

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