4108 Greenwood Avenue, West Palm Beach, FL 33407 — MLS photo

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4108 Greenwood Avenue, West Palm Beach, FL 33407

Active · Duplex

$372,900

4108 Greenwood Avenue, West Palm Beach, FL 33407

Beds
—
Baths
0
Living area
1,548 sq ft
$ / sq ft
$241/sq ft
Year built
1947
Lot size
—
HOA fee
—
Annual tax
$5,939

About this property

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.

Property location

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4108 Greenwood Avenue, West Palm Beach, FL 33407

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Facts & features

Interior

Bathrooms
0
Living area
1,548 sq ft
Flooring
Tile
Cooling
Electric, Wall Window Units
Heating
Electric, Other

Exterior & Structure

Property type
Duplex
Year built
1947
Roof
Composition
Construction
Stucco
Exterior features
Fence, None
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Amenities
None
Annual tax
$5,939
Subdivision
NORTHMORE ADD
County
Palm Beach
Days on market
357
MLS listing ID
R11117674
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$951

Cap rate
8.7%
Net yield
8.7%
Cash-on-cash return
10.9%
Gross yield
12.3%
Mortgage payment
$1,768/mo
Down payment
$93,225
Loan amount
$279,675
Annual NOI
$32,621

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.