4616 MYLA Lane

Highlights:

• Lot Features: Less Than 1/4 Acre Lot, Interior Lot, Less Than 1 Acre, Fenced, Septic
• Gross Income: 0
• Bathrooms Total: 0
• Documents Available: Copies Of Lease(S)
• Architectural Style: Twin Home, Half Duplex, Twin Homes
• Cooling: Central Individual A/C
• Heating: Central Individual A/C
• Electric: 3 Phase Electric
• Flooring: Ceramic Floor
• Construction Materials: CBS Construction

Description:

An incredible opportunity to own a well-maintained, income-producing duplex in the heart of West Palm Beach! Situated on an oversized, approximately quarter-acre lot, this solid CBS property features two spacious 3-bedroom, 1-bathroom units, offering an attractive combination of immediate rental income and future growth potential. Both units are occupied by established, long-term tenants, generating a combined $4,200 per month in rental income. With estimated market rents of $2,350 per unit, there's an opportunity to increase returns over time. Pride of ownership is evident throughout, with consistent upkeep and thoughtful improvements, including updated kitchen and bathroom cabinetry in both units since 2019. The roof has also been recently inspected and is reported to be in excellent condition. Outside, the expansive, shaded backyard offers plenty of room to create separate private outdoor spaces for each unit or a welcoming shared area for residents to enjoy. Ideally located with convenient access to major roadways, shopping, dining, and everyday essentials. Whether you're a seasoned investor looking to expand your portfolio or purchasing your first income-producing property, this duplex delivers what matters most: established rental income, desirable layouts, a well-cared-for property, and the potential for even greater returns!

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Listing ID: B26098462