$409,900
West Palm Beach, FL 33407
MLS# R11117674
4953 sqft
1 / 22
Property Description
Welcome to this fantastic investment opportunity under normal market prices! This property boasts two separate units, each with their own electric meter, providing a great investment opportunity for investors.Currently, the property is rented out to long-term tenants at under market value, which means there is a significant opportunity for an increase in rental income. With the potential to revamp the space, this property provides a unique opportunity for those looking for properties with a high chance to increase their income.Don't miss out on this incredible investment opportunity. Call us today to schedule a viewing and take the first step towards having an investment.
Details
Contract Information
Comp Sale YN: No
Listing Date: 2025-08-21
Status: Active
Original List Price: 449900
List Price: $409,900
Current Price: $409,900
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Zip: 33407
Geographic Area: PB01
Country: United States
Street Number: 4108
Street Name: Greenwood
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33407
Subdivision Name: NORTHMORE ADD
Area: 4160
Parcel Number: 74434304130010050
Zoning: SF7(ci
Directions: Greenwood Ave. Between 41 And 40 St.
General Property Information
Living Area Main: 1548
Gated Community YN: No
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 4953
Building Area Source: Appraiser
Year Built: 1947
Office/Member Information
DXORIGMLSID: RML
Association Amenities
None: 1
Exterior Features
None: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Copy Of Lease(s): 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Possession
Close Of Escrow: 1
Utilities
None: 1
Heating
Electric: 1
Other: 1
Water Access
None: 1
Construction Materials
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Composition: 1
Income and Expenses
Annual Total Expense: 37200
Gross Income: 3100
Net Operating Income: 37200
Source Of Expenses
Owner Provided: 1
Cooling
Electric: 1
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
Other Exemption: 1
Showing Details
Pet(s) on Premises: Yes
Unit 1 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 0
Unit 1 Lease Description
Lease Expiration: 2026-11-01
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Appliances
Refrigerator: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 0
Unit 2 Lease Description
Lease Expiration: 2026-11-01
Unit 2 Parking Features
On Street: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 271.25
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 5939
Tax Year: 2024
Tax Legal Description: 74434304130010050
Status Change Information
Major Change Timestamp: 2026-04-09T17:59:30Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-09T17:59:30Z
Status Change Date: 2025-08-21
Originating Details
Originating System Key: 20250825053635027289000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Exterior Features: None
Fencing: Fenced
Flooring: Tile
Property Condition: Resale
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Owner Provided
Construction Materials: Stucco
Cooling: Electric; Wall/Window Unit(s)
Heating: Electric; Other
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: Other Exemption
Utilities: None
Water Access: None
Showing Requirements: Appointment Only
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 2 Appliances: Refrigerator
Unit 2 Parking Features: On Street
Unit 2 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: LoKation
Last Updated: April - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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