805 20th Street West Palm Beach FL 33407 MLS #RX-11038134

805 20th Street
West Palm Beach, FL, 33407
$850,000
Beds
0 Baths
2,944 SqFt
0.13 Acres
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### **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**

Property Details

Price:
$850,000
MLS #:
RX-11038134
Status:
Active
Baths:
0
Address:
805 20th Street
Type:
Residential Income
Subtype:
Triplex
Subdivision:
WASHINGTON HEIGHTS
City:
West Palm Beach
Listed Date:
Nov 18, 2024
State:
FL
Finished Sq Ft:
2,944
ZIP:
33407
Lot Size:
5,756 sqft / 0.13 acres (approx)
Year Built:
1929
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Michael Cuevas

Michael Cuevas

Broker Owner

Phone 561 578-2320

Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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Schools

Interior

Cooling
Central, Wall- Win A/ C
Flooring
Vinyl Floor
Heating
Central, Window/ Wall

Exterior

Construction
Mixed
Exterior Features
Open Porch
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Comp Shingle
Waterfront Details
None

Financial

Gross Operating Income
$69,300
Net Operating Income
$59,500
Taxes
$0
Utilities
Electric, Public Water, Water Available

Map

Community

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Listing courtesy of The Keyes Company, (561)–220–0550

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-30.
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805 20th Street
West Palm Beach, FL