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805 20th Street A,b,c
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PRICED AT ONLY: $850,000

Address: 805 20th Street A,b,c, West Palm Beach, FL 33407

Description

### **Investor Focused Property #### **Exceptional Multi Unit Income Opportunity** This unique property offers a **front single family home** and a **rear duplex**, providing **multiple streams of rental income** in a high demand market. Located in the revitalizing Northwood district, just 1.8 miles from downtown West Palm Beach, this property is an ideal investment for long term cash flow and appreciation!! **Property Breakdown** ###According to West Palm Housing Authority, Rates for 3 bed = $2,590 and 4 Bed = $3,130###**Front Single Family Home** 3 Bed, 1 Bath | 1,600 Sq. Ft. Tenant occupied for 6 years at $2,400/month (below market)**Lease ends July 31, 2025 Potential income $2,590/month A/C: 2018, Water Heater 2014**

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  • MLS#: RX-11038134 ( Triplex )
  • Street Address: 805 20th Street A,b,c
  • Viewed: 11
  • Price: $850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1929
  • Bldg sqft: 0
  • Days On Market: 39

Description

### **Investor Focused Property #### **Exceptional Multi Unit Income Opportunity** This unique property offers a **front single family home** and a **rear duplex**, providing **multiple streams of rental income** in a high demand market. Located in the revitalizing Northwood district, just 1.8 miles from downtown West Palm Beach, this property is an ideal investment for long term cash flow and appreciation!! **Property Breakdown** ###According to West Palm Housing Authority, Rates for 3 bed = $2,590 and 4 Bed = $3,130###**Front Single Family Home** 3 Bed, 1 Bath | 1,600 Sq. Ft. Tenant occupied for 6 years at $2,400/month (below market)**Lease ends July 31, 2025 Potential income $2,590/month A/C: 2018, Water Heater 2014**
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Features
Building and Construction
  • Absolute Longitude: 80.059714
  • Construction: Mixed
  • Exterior Features: Open Porch
  • Flooring: Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 2944.00
  • Total Building Sqft: 2716.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre
  • Subdivision Information: Park
Eco-Communities
  • Private Pool: No
  • Storm Protection Panel Shutters: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central, Wall-Win A/C
  • Heating: Central, Window/Wall
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Electric, Public Water, Water Available
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 59500.00
  • Income Expenses Annual Total Expense: 9800.00
  • Income Expenses Gross Operating Inc: 69300.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Info: Deposit, Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: WASHINGTON HGTS LOT 19 BLK 6
  • Parcel Id: 74434316100060190
  • Possession: Funding
  • Unit Number: A, B, C
  • Views: 11
  • Zoning: SF11(c
Nearby Subdivisions
North Palm Bch 1   North Palm Bch 3   North Palm Bch 4   North Palm Beach   Northwood Add   Pleasant City   Tamarind Park   Washington Heights  

Contact Info

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  1. Florida Coastal Living
  2. 561.420.8686
  3. kevin@fclrealestate.com
Kevin Mecabe

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