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805 20th Street West Palm Beach FL 33407 MLS #RX-11059307

805 20th Street
West Palm Beach, FL, 33407
$700,000
Beds
0 Bathrooms
2,944 SqFt
0.13 Acres
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$700,000
805 20th Street
West Palm Beach, FL, 33407
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Project Description

Seller Financing Available – 30% Down, 10% Interest! 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 and a 3/1 downstairs. All tenants are currently on month-to-month leases, creating flexibility for rental increases or future redevelopment. Current total rent is $5,925/mo with upside to $8,310+/mo. Front home features A/C (2018), water heater (2014). 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.

Financial

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

Investment results for buyers and agents

Property Details

Price:
$700,000
MLS #:
RX-11059307
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Triplex
Subdivision:
WASHINGTON HEIGHTS
Listed Date:
Feb 5, 2025
Finished Sq Ft:
2,944
Lot Size:
5,756 sqft / 0.13 acres (approx)
Year Built:
1929
Washington Heights

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

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Map

805 20th Street
West Palm Beach, FL