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    OFF-MARKET
    Residential income homes

    3961 Park Ln, West Palm Beach, FL 33406

    Built 1966
    Property ID
    US18-8313714
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a two-unit single-family rental portfolio located at 3961 Park Ln, West Palm Beach, Florida, 33406, in Palm Beach County. The property, built in 1966, consists of two single-family homes situated on one lot. One home boasts four bedrooms and three bathrooms, while the other offers one bedroom and one bathroom. Both units feature convenient inside laundry facilities and are fully fenced for privacy. Importantly, both homes are currently leased, ensuring immediate cash flow for the investor. Recent upgrades include new roofs installed in 2021 and fresh exterior paint applied in 2024, minimizing immediate maintenance needs. The property is being offered for sale by the owner at $689,000, representing a price per unit of $344,500. No tours are offered prior to inspection. The seller is motivated and will consider all offers. This is a turnkey investment perfect for a passive income strategy. The seller is retiring and is eager to find a suitable buyer. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable West Palm Beach location.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1966
    UPID US18-8313714
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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