2886 Croton Lane, West Palm Beach FL 33403

Discover an outstanding residential income opportunity at 2886 Croton Lane, West Palm Beach FL 33403. This completely renovated manufactured home is configured as a triplex, featuring one 1-bedroom, 1-bath unit and two studio apartments, each with a bath and small kitchen. All units are tenant occupied by long-term residents, offering immediate rental income and a strong 12% cap rate.
Built in 1961 and located in the desirable HILLTOP PARK subdivision of Palm Beach County, the property includes 1,250 square feet of living area on a 3,796-square-foot lot. The one-story property includes updated electrical systems, water heater, and HVAC. Cooling is provided by central individual A/C, central air, and wall or window units, while heating is supplied by central individual A/C. Residents also benefit from outside storage, and pets are allowed.
There are no HOA fees or restrictive HOA rules, giving the owner greater flexibility. The property also offers room for future expansion. Purchase with cash or explore owner financing with 25% down, payments of $2,500 per month, and a 12-year amortization.
Enjoy the South Florida lifestyle with warm weather, beautiful beaches, outdoor recreation, vibrant dining, entertainment, and convenient infrastructure. Miami is also within reach for world-class nightlife, shopping, and cultural attractions.
For details or to schedule a private showing, call or text/WhatsApp +1 786.468.4380.