820 21St StWest Palm Beach, FL 33407

Property Details for 820 21St St

Year built

1926

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming 1926-built, single-story triplex located at 820 21st St, West Palm Beach, FL 33407, presents a fantastic investment opportunity. Priced at $600,000, this property boasts three completely renovated units, each featuring two bedrooms and one bathroom. The units offer spacious living areas and covered front porches. All units are currently rented at approximately $1,500 per month, with security deposits and last month's rent held in reserve, ensuring immediate cash flow. Modern updates include new appliances, bathrooms, paint, windows, air conditioners, and doors. Separate electric and water meters provide efficient utility management. One unit includes a washer/dryer, while another offers hookups. Significant plumbing improvements have been completed, including hydro-jetting, cleaning, re-strapping, and pitch replacement of all three PVC pipes to the main line, ensuring long-term infrastructure reliability. The property also features an open parking area. Its convenient location offers easy access to downtown West Palm Beach's shopping, dining, and beaches, all within approximately 10 minutes. This turnkey investment is ready for a new owner to enjoy immediate returns. The property is situated in Palm Beach County.

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7332

Longitude

-80.0602

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