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220 Walton Blvd, West Palm Beach FL 33405

Commercial Recently Sold
$1,950,000

BTC: 20.96774194

ETH: 576.16451713

Sold on: 2023-03-31
21 days
0 room(s)
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

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1950
Lot:
10100 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 10100 Square Feet

    Other Property Information

    • Parcel Number: 74434334150000780

    • Zoning: MF20 (ci

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $33,762

  • Source details

    • MLS ID: A11342660

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