Address: 1613 Sherwood Avenue, Mangonia Park, FL 33407
Description
Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5 bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner occupants seeking rental income or investors expanding their portfolio.The property currently generates approx. $8,000/month through a mix of short term, and long term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co living strategy to maximize profits (Convert to 13 BR home). Perfect for house hacking, multi generation living.
Discover a rare investment opportunity in West Palm Beach! This spacious 8 bedroom, 4.5 bath property offers over 3,600 sqft of living space on a large 12,037 sqft lot with parking for 12+ vehicles. Flex Suites with multiple private entrances, this home is ideal for owner occupants seeking rental income or investors expanding their portfolio.The property currently generates approx. $8,000/month through a mix of short term, and long term tenants, providing strong cash flow and future upside. Recent updates include remodeled kitchens and baths (2020), a newer roof (2022), and newer A/C units. The flexible layout allows multiple configurations to rent the house for co living strategy to maximize profits (Convert to 13 BR home). Perfect for house hacking, multi generation living.
Features
Building and Construction
Absolute Longitude: 80.081049
Construction: Block, Concrete
Covered Spaces: 2.00
Dining Area: Dining-Living
Exterior Features: Fence, Manual Sprinkler, Open Patio, Shed, Shutters
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