4023 Windsor Ave West Palm Beach, FL 33407
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 4023 Windsor Ave
- Year built
- 1978
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0652811
- Latitude
- 26.7491766
