4000 Greenwood Ave - Multi-Family FOR SALE


West Palm Beach, FL 33407- Northwood
$525,000 USD
561-247-5441
4000 Greenwood Ave, West Palm Beach, FL for Sale
$525,000 USD
Multi-Family - FOR SALE
1/8
null | 7.82% Cap Rate

4000 Greenwood Ave
West Palm Beach, FL 33407
Northwood


HIGHLIGHTS

  • income producing
  • impact windows
  • updated

OVERVIEW

This meticulously renovated duplex offers a income producing opportunity. Both units have been renovated. Unit Specifications (Two Identical Units) Layout: 2 Bedrooms / 1 Bathroom per side. Potential Rental Income: $3850 a month Unit 1 Lease Ends: February 2027; Unit 2 currently vacant. Kitchen: Solid wood cabinetry, granite countertops, quartz countertops and modern appliances. Individual central AC systems for each unit. In-unit washer and dryer included in both residences. Infrastructure & "Peace of Mind" Upgrades Unlike most vintage properties in WPB, this building has been modernized for maximum durability and insurance savings: High-efficiency impact windows and doors throughout (Significant insurance premium reduction). All original cast iron plumbing has been fully replaced with PVC piping. Updated Electrical: Both units have been completely rewired to current code. Modern Systems: central HVAC and updated water heaters. New Roof: 2026

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

2

PRICE/UNIT

$262,500

CAP RATE

7.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

74-43-43-09-05-056-0330

ASK ABOUT THIS PROPERTY

Mildred BellefleurUnity Investment GroupMore Info
561-247-5441

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Mildred BellefleurUnity Investment GroupMore Info
561-247-5441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.