$179,000

This home against the area

About this home

Investor Opportunity! Wonderful long-term Tenant in place with a strong nearly 7% cap rate and immediate rental income from day one! This well-maintained 2-bedroom, 1-bath second floor condominium unit is located in the heart of desirable West Boca Raton and offers an excellent addition to any investment portfolio. Featuring a brand new HVAC system, updated kitchen with modern cabinetry, decorative tile backsplash, full appliance package including dishwasher, tile flooring throughout, a timelessly updated bathroom, generous walk-in closets, and a spacious screened balcony overlooking a peaceful courtyard. Conveniently located near shopping, dining, public transportation, major roadways, and everyday conveniences, this condo is positioned in a highly desirable rental market. One assigned parking space, additional storage, community pool and common laundry on the same floor add to the property’s appeal. Whether you’re looking to expand your portfolio or purchase your first investment property, this is a turnkey opportunity with income in place. Condo does allow rentals immediately after closing with no waiting period. Maintenance fee includes amenities, water, trash, sewer, exterior building insurance & pest control. Lease recently renewed through end of May 2027. Pet friendly up to 1 pet but not exceeding 20 inches in height.