Sold
220 Walton Blvd
West Palm Beach FL, 33405
$1,950,000
$429.52 per sqft
Sold
4,540 sqft
Multi-family
Built in 1950
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.
A11324708
MLSⓇ ID
January 9, 2023
Listed
February 15, 2024
Updated
Map
220 Walton Blvd
West Palm Beach FL, 33405
Interior Features
Total Stories
1
Floor Description
Ceramic Floor
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Heat Pump/Reverse Cycle
Exterior/Building Features
Lot Features
1/4 To Less Than 1/2 Acre Lot
Architectual Style
Other
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
Estates Of South Palm Bea
Taxes
$33,762
Tax Frequency
Annually
Days on Market
69
Garage
No
Parking Total
10
View
No
County
Palm Beach County
Pool
No
Zoning
MF20 (ci
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
11/10/2023 | Sold | $1,950,000 |
Listed by: Beachfront Realty Inc
Listing Contact: 786-985-1374
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Data last updated 8:40 PM UTC, 2/15/2024.