IMMEDIATE INCOME PRODUCING OPPORTUNITY. This 7 bedroom, 4 bathroom is Zoned for multi-family housing, perfect for an Airbnb investor, but is currently being used as single family producing just over $5200 a month with plenty of room to increase. 135x50 Corner Lot located in the highly desirable neighborhood of Grandview Heights, 2 blocks away from Downtown West Palm Beach, restaurants, shops, bars, minutes from the water, and everything that WPB has to offer. Oversized large backyard, fully fenced ready for a pool, or another personal/rental cottage; UP TO 1400sf. Currently college housing for PBA students with plenty of room to increase rent. Roof-2016, hurricane Panels-2018, Water Heater-2019, A/C-2021, Condenser-2016 . TONS of opportunity for this investment opportunity. Live in the cottage, rent the main home, or even turn the main home into a 7 room airbnb! LOCATION Build your dream single family home and collect rent while waiting for your architect and permits, continue to rent to college students, build an extra building and or cottage in the back, air bnb... the list goes on. This house is perfect for the Unlimited potential of rental opportunities. Recent 3-mo home sales in neighborhood in the $600-$900 sq/ft range.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office NV Realty Group, LLC, (561) 721-2626
Updated 7:20AM - 9/25/2022
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