3961 Park LnWest Palm Beach, FL 33406
- Investment properties
Property Details for 3961 Park Ln
- Year built
- 1966
- Property type
- Investment properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.6368
- Longitude
- -80.104
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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