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 Building: 3
Total Units in Complex: 3
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