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    OFF-MARKET
    Small apartment buildings

    4023 Windsor Ave, West Palm Beach, FL 33407

    Built 1978
    Property ID
    US18-2788669
    Property summary
    AI-generated overview

    This fully rented duplex in West Palm Beach, Florida, presents a compelling investment opportunity. Located at 4023 Windsor Ave, 33407, this single-story, 1978-built property boasts two units, each featuring two bedrooms and one bathroom. Both units include in-unit washer and dryer hookups, adding to their appeal. Currently generating substantial income with Unit 1 rented at $1,550 and Unit 2 at $1,900 per month, tenants are responsible for all utilities. This translates to a 7.8% capitalization rate, offering a strong return on investment. The leases have terms expiring on May 31, 2025, and February 28, 2025, respectively. The asking price for this turnkey investment is $430,000. Showings are available with an executed contract, and prospective buyers are asked to respect the privacy of the current tenants by refraining from disturbing them. This property is situated in Palm Beach County and offers immediate cash flow potential for the discerning investor. The property's location in West Palm Beach provides easy access to local amenities and transportation. This is an exceptional opportunity to acquire a well-maintained, income-producing asset in a desirable Florida market.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1978
    UPID US18-2788669
    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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