4616 Myla Lane, West Palm Beach, FL 33417
- $625,000
- 2,173
- SqFt
- List Price
- $625,000
- Days on Market
- 0
- MLS#
- B26098462
- Year Built
- 1971
- Living Area
- 2,173
- Lot Size
- 10,023
- Acres
- 0.23
Property 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!
Additional Information
- Taxes
- $7,671
- Community Features
- Merlin Park Revised
- Property Description
- Duplex
- Zoning
- RH
- Utilities
- Cable Connected, Electricity Connected, Phone Connected, Septic, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
- Heating
- Central Individual A/C
- Air Conditioning
- Central Individual A/C
- Exterior Construction
- CBS Construction
- Roof
- Composition Roll
- Elementary School
- Egret Lake
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
Listing Courtesy Of One Sotheby's International Realty, Contact: