This is a strong cash flowing fourplex with long term tenants. Value can be further added by raising rents, submetering utilities, installing laundry facilities, or renovating the interiors.  All tenants are on month-to-month leases which could be readjusted to market rents.  Currently, the four units are generating a gross annual income of $81,600. The City of West Palm Beach collects waste and landlord just pays for utilities and property taxes. Actual rents yield a 7.23% capitalization rate. The Northwood Historic District is known for its historic charm, diverse architectural styles, and sense of community. Located near downtown West Palm Beach, which offers a variety of shops, restaurants, and cultural venues. The Palm Beach International Airport is also just a short drive away.