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Invest in this nice townhouse as a long-term rental investment/ single family rental, tranquilly located in a well-maintained gated community, just a short drive away from Downtown West Palm Beach, and the I-95. The townhouse consists of 3 floors with 2 bedrooms, 2 bathrooms and one half bathroom. On the ground floor is a garage with space for 1 car + storage. Rented out at $2,400/month until Jan 2025, the property generates a cap rate of 4%. (tenants pays for all maintenance & repairs).Tenants can freely use a wide variety of amenities like lake front swimming-pool, BBQ patio area, fitness center, movie theatre, social clubhouse with a full-size catering kitchen, approx. 1.7 miles of running track, and 24-hour man gated security. Units rent out quickly and have low vacancy rate!
Listing Updated: 2023-12-22 05:00:33
