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2,716SqFt
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Status:
Active
Size: 2,716 SqFt (252 m2)
Price: $258/SqFt ($2,774/m2)
Type: Multi Family
Built: 1929
MLS Number: R11161477
On Site: 20 Days
Updated: 2 Days ago
Page Views: 0
Rare Investment Opportunity With A Front Single-family Home (3/1, Approx. 1,600 Sf) And A Two-story Duplex In The Rear. Duplex Includes A 4/2 Upstairs $2,000 Per Month Lease Expires 6/30/27. 3/1 Downstairs Vacent And Rents For $1,800-$1,900. Front House Leased For $2,400 Month-to-month Creating Flexibility For Rental Increases Or Future Redevelopment. Total Rents Up To $6,300 Or More. Front Home Features A/c (2018), . Rear Units Include Newer Wall A/cs And Water Heater (2016). Below-market Rents Provide Built-in Value-add. Drive-by Only--please Do Not Disturb Tenants. According To The West Palm Housing Authority, Market Rates For A 3-bedroom Unit Are $2,590 And For A 4-bedroom Unit Are $3,130. additional Features: utilities: Three Separate Electric Meters, One Shared Water Meter (average $300 Per Month) lawn Care: Approximately $60 Per Month investment Highlights: immediate Upside: Rents Are Currently Below Market, With The Opportunity To Increase To Align With West Palm Housing Authority Rates, Totaling $8,310 Per Month Across All Units. strong Rental Demand: Close To Employment Hubs, Clematis Street, And Major Transit Routes Including I-95, Brightline, And Palm Beach International Airport. area Revitalization: Northwood Is Undergoing Significant Redevelopment, Leading To Increasing Property Values And Rental Demand. strategic Location: Steps From The Northwood Historic District, 1.8 Miles From Downtown West Palm Beach, And Minutes From The Intracoastal. why Invest Here? this Property Offers Strong Rental Income Potential, A Prime Location, And Long-term Appreciation, Making It An Excellent Investment For Steady Cash Flow And Future Growth. Whether You Are Looking To Maximize Rental Income Or Owner-occupy A Unit, This Opportunity Provides Flexibility And Potential In One Of South Florida's Most Promising Markets.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea
      Interior, Heating and Cooling
      • Heating Description: Central,WallFurnace
      • Cooling Description: CentralAir, WallWindowUnits
      Building and Construction
      • Floor Description: Vinyl
      • Year Built: 1929
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-02-05T19:00:00.000-00:00
        Taxes, Fees & More
        • Taxes: 6214.15
        • Total Units in Complex: 3
        Apples-to-Apples Comparables
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        Price History
        02/19/2026
        Date
        Listed
        Event
        $700K
        Price
        $258 ft2 / $2,774 m2
        Price Per
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Michael JohnstonThe Keyes Company • Buyer Agency Compensation .
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