For Sale
$689,000

3961 Park LnWest Palm Beach, FL 33406

Two-unit rental portfolio in West Palm Beach, FL

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • Exceptional two-unit single-family home investment opportunity in West Palm Beach, FL.
  • Property consists of a 4/3 and a 1/1 home on one lot.
  • Both units feature inside laundry and are fully fenced.
  • Currently leased, providing immediate cash flow.
  • New roofs (2021) and exterior paint (2024).
  • Offered at $689,000 ($344,500 per unit).

Property Details for 3961 Park Ln

Property type
Residential income homes
Year Built
1966
Stories
1
Units
2

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6368069
Longitude
-80.1040218
3961 Park Ln, West Palm Beach, Florida

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3961 Park Ln
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