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5167 PURDY Lane, West Palm Beach, FL 33415

$1,250,000
: 1,960
SqFt

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List Price: $1,250,000
MLS#: B26099242
Status: ACTIVE
County: Palm Beach
City: West Palm Beach
Subdivision: Laura Lane Unrec On Am-52
Living Area: 1,960

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Property Description

Excellent investment opportunity in West Palm Beach! This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, each with an oversized private utility room and washer/dryer hookups. All units are in excellent condition, with recent improvements including 2020 Roof and new drain field. Fully occupied by established, long-term tenants on month-to-month leases, generating $92,100 in annual rental income. Current rents are below market value, offering excellent potential for future income growth. A fantastic opportunity for investors seeking immediate cash flow, stable occupancy, minimal maintenance, and long-term upside!

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Additional Information

Days on Market: 1
Year Built: 1973
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Individual
Exterior Features: None
Elementary School: Forest Hill
Middle School: L C Swain
High School: John I. Leonard