Address: 814 8th Street, West Palm Beach, FL 33401
Description
Make money from day one with this excellent investment opportunity. This 4 bed/2 bath property features a long term tenant of over 8 years providing immediate and stable income. With regular rent increases, the property has strong potential to become even more profitable over time, with short term projected rent reaching approximately $3,000 per month and even more long term. Ownership expenses are minimal, with NO HOA, and the tenant is responsible for water, electricity, and landscaping. The roof was replaced in 2020. The property also includes newer A/C units installed in 2024. Ideally located just a few blocks from CityPlace and the NORA District, this is an outstanding buy and hold investment opportunity in a rapidly growing area.
Make money from day one with this excellent investment opportunity. This 4 bed/2 bath property features a long term tenant of over 8 years providing immediate and stable income. With regular rent increases, the property has strong potential to become even more profitable over time, with short term projected rent reaching approximately $3,000 per month and even more long term. Ownership expenses are minimal, with NO HOA, and the tenant is responsible for water, electricity, and landscaping. The roof was replaced in 2020. The property also includes newer A/C units installed in 2024. Ideally located just a few blocks from CityPlace and the NORA District, this is an outstanding buy and hold investment opportunity in a rapidly growing area.
Features
Building and Construction
Fencing: Fenced
Flooring: Ceramic Tile
Roof: Shingle
Land Information
Lot Features: Sidewalks
School Information
High School: Forest Hill
Middle School: Conniston Community
School Elementary: U. B. Kinsey / Palmview
Garage and Parking
Parking Features: Asphalt
Eco-Communities
Water Source: Public
Utilities
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Pets Allowed: No Restrictions, Yes
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available, Water Available
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