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220 Walton Blvd, West Palm Beach FL 33405

Multi-family Recently Sold
$1,950,000

BTC: 19.63746224

ETH: 584.53237410

Sold on: 2023-03-31
69 days
0 room(s)
4,540 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 5.01%, NOI $99,601. Pro forma income: $172,800, cap rate 5.63% NOI $109,891. Fully tenant occupied with annual leases. Four large 1/1's and Four 1/1's with all updated interior and exterior, new roof , impact doors and window, New central AC, etc... Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Offering Memorandum, Rent Roll and financials available on request.

Location

Florida • West Palm Beach • 33405 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$438
Cooling:
Electric
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Electric

  • Other Property Information

    • Parcel Number: 74434334150000780

    • Zoning: MF20 (ci

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $33,762

  • Source details

    • MLS ID: A11324708

    Other facts

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Other

    • Living Area: 4540

    • Subdivision Name: ESTATES OF SOUTH PALM BEA

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc