This fantastic property is located in the highly sought-after Northwood neighborhood, known for its growing appeal and investment potential. With **no HOA restrictions**, this property offers a world of opportunities! ### Property Features: - The house structure includes two separate apartments—a 2/1 and a 1/1, ideal for stable rental income. - **Monthly Rental Income:** The property currently generates over $4,000 in rental income. With the renovation of the back cottage, you could add **$1,300/month** more, bringing the total potential income to over **$5,000/month**. - **Long-Term Tenants:** Both units are occupied by long-term tenants, with leases ending in May 2025 and February 2025. - **Updated Kitchens:** Both units feature updated kitchens, enhancing the property’s appeal to tenants and future renters. - **Spacious Driveway & Large Lot:** Ample parking and a generous lot size offer privacy and flexibility. - **Privacy Fence:** The entire property is surrounded by a privacy fence, providing seclusion and a sense of security. - **Hardwood Flooring:** Enjoy the classic charm and durability of hardwood floors throughout. - **Cottage for Additional Income:** The separate back cottage offers the perfect opportunity for renovation to generate extra income through Airbnb, long-term rental, or a guest suite! ### Why This Property Stands Out: This property is a **prime investment** in Northwood's flourishing market. With multiple income streams already in place and room for further development, it’s perfect for investors seeking immediate returns and future growth. Whether you choose to keep the current tenants, transform it into an Airbnb, or renovate the back cottage for additional earnings, the possibilities are endless. Don’t miss out on this incredible opportunity to own a versatile, income-producing property in one of the most promising neighborhoods in town!
Off market
$413,500
3210 Greenwood Ave, West Palm Beach, FL 33407
3beds
1,210sqft
SingleFamily
Built in 1926
5,000 Square Feet Lot
$413,500 Zestimate®
$342/sqft
$3,148 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- First Floor Entry
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,210 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 5,000 sqft
Details
- Parcel number: 74434309050840160
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Roof: Built-up
Condition
- Year built: 1926
Community & neighborhood
Location
- Region: West Palm Beach
Other
Other facts
- Cooling Description: Electric Cooling, Ceiling Fans
- Equipment Appliances: Gas Water Heater, Water Softener/Filter Owned, Natural Gas
- Board Identifier: A-Miami Association of REALTORS
- Design: Detached
- Design Description: One Story
- Exterior Features: Room For Pool, Fence
- Housing Older Persons Act: No HOPA
- Front Exposure: West
- Listing Type: Exclusive Right to Sell/Rent
- Master Bathroom Description: Combination Tub & Shower
- Membership Purch Rqd YN: 0
- Interior Features: First Floor Entry
- Parking Description: Driveway
- Pool YN: 0
- Property Type: Single Family
- Restrictions: Other Restrictions
- Lot Description: Less Than 1/4 Acre Lot
- Special Information: As Is
- Showing Instructions: Showing Assist, See Broker Remarks, No Sign
- Style: R30-No Pool/No Water
- Sewer Description: Municipal Sewer
- Terms Considered: All Cash, Conventional, FHA, Va
- Typeof Property: Single
- Waterfront Property YN: 0
- Year Built Description: Resale
- Dining Description: Formal Dining, Snack Bar/Counter
- Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
- Rooms Description: Utility/Laundry In Garage
- Spa YN: 0
- Subdivision Information: No Subdiv/Park Info
- Tax Information: Tax Reflects Homestead Tax
- Roof Description: Flat Roof With Facade Front
- Construction Type: Frame Construction, Frame With Stucco
- Water Description: Well Water
- Status: Pending Sale
- Geographic Area: Palm Beach 5420; 5430; 5440
- Typeof Contingencies: Pending Inspections
- Municipal Code: 74
- Garage Description: Detached
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$413,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$413,500