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Wade M. Berlin

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805 20th Street A,b,c
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PRICED AT ONLY: $750,000

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

Description

Front Single Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.

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  • MLS#: RX-11059307 ( Triplex )
  • Street Address: 805 20th Street A,b,c
  • Viewed: 16
  • Price: $750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1929
  • Bldg sqft: 0
  • Days On Market: 263

Description

Front Single Family Home3 Bedrooms / 1 Bathroom | 1,600 Sq. Ft.Tenant occupied for six years at $2,400 per month (below market rent)Lease ends July 31, 2025 Potential market rent: $2,590 per monthA/C: 2018, Water Heater: 2014**Rear DuplexUnit 803B (4 Bedroom / 2 Bathroom Upstairs)Currently rented at $1,950 per month (below market rent)Potential market rent: $3,130 per month**Unit 803A (3 Bedroom / 1 Bathroom Downstairs)Tenant paying $1,575 per month (below market rent)Potential market rent: $2,590 per monthFeatures newer wall unit A/Cs, water heater (2016)Lease ends January 31, 2025Flexible Delivery: While leases are in place, the property can be delivered with one or two units vacant, allowing the new owner to adjust rental strategy immediately.
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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
  • Home Owners Association poa coa Monthly: 0.00
  • 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: 16
  • Zoning: SF11(c
Nearby Subdivisions
North Palm Bch 1   North Palm Beach 04   Northmore Add   Northwood   Northwood Add   Pleasant City   Washington Heights  
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