805 20th Street A,b,cWest Palm Beach, FL 33407

Rare investment opportunity with a front single family home 3 1 approx 1 600 sf and a two story duplex in the rear duplex includes a 4 2 upstairs 2 000 per month lease expires 6 30 27 3 1 downstairs 1 800 until april 2027 front house leased for 2 400 month to month creating flexibility for rental increases or future redevelopment total rents up to 6 200 or more front home features a c 2018 rear units include newer wall a cs and water heater 2016 below market rents provide built in value add drive by only please do not disturb tenants according to the west palm housing authority market rates for a 3 bedroom unit are 2 590 and for a 4 bedroom unit are 3 130 additional features utilities three separate electric meters one shared water meter average 300 per month lawn care approximately 60 per month investment highlights immediate upside rents are currently below market with the opportunity to increase to align with west palm housing authority rates totaling 8 310 per month across all units strong rental demand close to employment hubs clematis street and major transit routes including i 95 brightline and palm beach international airport area revitalization northwood is undergoing significant redevelopment leading to increasing property values and rental demand strategic location steps from the northwood historic district 1 8 miles from downtown west palm beach and minutes from the intracoastal why invest here this property offers strong rental income potential a prime location and long term appreciation making it an excellent investment for steady cash flow and future growth whether you are looking to maximize rental income or owner occupy a unit this opportunity provides flexibility and potential in one of south florida s most promising markets