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220 Walton Blvd, West Palm Beach FL 33405

Multi-family Recently Sold
$1,950,000

BTC: 30.71206635

ETH: 766.75055049

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

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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