West Palm Beach, FL 33405,220 Walton Blvd
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West Palm Beach, FL 33405,220 Walton Blvd
West Palm Beach, FL 33405,220 Walton Blvd
West Palm Beach, FL 33405,220 Walton Blvd
West Palm Beach, FL 33405,220 Walton Blvd

$1,950,000

Est. payment /mo

$1,990,000

2.0%
Est.Price: ?

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220 Walton Blvd West Palm Beach, FL 33405

4,540 SqFt

SOLD DATE : 03/31/2023

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,540 sqft

Price per Sqft $429

Subdivision Estates Of South Palm Bea

MLS Listing ID A11324708

Sold Date 03/31/23

Style Fourplex

Construction Status Unknown

HOA Y/N No

Year Built 1950

Annual Tax Amount $33,762

Tax Year 2023

Contingent No Contingencies

Property Description

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

State FL

County Palm Beach County

Community Estates Of South Palm Bea

Area 5800

Interior

Heating Heat Pump

Cooling Electric

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Other

Total Parking Spaces 10

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Unknown

Others

Tax ID 74434334150000780

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Beachfront Realty Inc
Bought with Keller Williams Realty Boca Raton

Johanna Izaguirre

Realtor | License ID: 3353581

+1(305) 788-0336

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