$450,000
BEDS
--
BATHS
--
SQFT
1,474
$/SQFT
$305
|Active MLS # RX-10901536, Listed by KW Reserve Palm Beach|(561) 966-4000
3509 Pinewood Avenue 1 2 is a $450,000, 1,474 square foot home located in West Palm Beach, FL.
Seller’s Description
Lucrative investment opportunity, nestled next to the enchanting Northwood Historic district. This remarkable duplex boasts two separate buildings, providing an incredible chance for investors to capitalize on its potential. The first bldg features 3 bedrooms and 1 bathrooms, commanding a monthly rent of $1,700. The second bldg is equipped with 2 bedrooms and 1 bathroom, also leasing at $1,700 per month. Unit 1 is vacant Unit 2 is currently occupied by long-term tenants, offering immediate income with the possibility to raise rents to market value. Bldg 1's true potential shines with a market rent of $2,700, while Bldg 2 can command an impressive $2,000 per month.What makes this opportunity even more enticing is its location within an Opportunity Zone designation
Features
INTERIOR
| Interior Features | Flooring - Ceramic Tile |
| Cooling Types | Wall/Window Unit(s) Cooling - Yes |
| Heating Types | Heating - Yes |
EXTERIOR
| Exterior Features | Community Features - Non-Gated Fence Fruit Trees Pool Features - None |
| Views | Other Water |
| Roof | Composition Shingle Tar/Gravel |
| Construction Types | Frame Property Condition - Resale |
| Land Type | Less Than 1/4 Acre |
| Water Source | Utilities - Water Available Public |
| Sewer | Public Sewer Utilities - Sewer Available |
PROPERTY
| Date on Market | 07/03/2023 |
| Property Type | Residential Income |
| Property Sub Type | Duplex |
| Style | Levels - One Stories - 1 No Restrictions Bush |
| Year Built | 1926 |
| HOA Fee | $0.00 |
| HOA Fee Frequency | Monthly |
| Taxes | $2,942.00 |
| County | palm beach county |
| Neighborhood | Northwood Add |
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
