220 Walton Blvd ,Other, Quadruplex, Estates Of South Palm Bea for Sale

220 Walton Blvd for Sale

Price $2,200,000.00

  • Lot size 4572
  • Year Build 1950
  • Waterfront
  • Zip 33405
  • Style Other
  • Parking Description
  • Pool Yes
  • Status Active
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Description

GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 4.53%, NOI $99,601. Pro forma income: $172,800, cap rate 5% 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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

ESTS OF SOUTH PALM BEACH ADD NO 1 LTS 78 THRU 81

1/4 To Less Than 1/2 Acre Lot

GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 4.53%, NOI $99,601. Pro forma income: $172,800, cap rate 5% 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.

City:West Palm Beach,Zoning:MF20 (ci,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.6768046,Cooling Y N:1,Heating Y N:1,List Price:2200000,Listing Id:A11324708,Longitude:-80.0510256,Mls Status:Active,Year Built:1950,Living Area:4540,Postal Code:33405,Street Name:Walton Blvd,Coordinates:1:26.6768046,Photos Count:14,Building Name:ESTATES OF SOUTH PALM BEA,Days On Market:9,Lot Size Units:Square Feet,M L S Area Major:Estates Of South Palm Bea,On Market Date:2023-01-09,Parcel Number:74434334150000780,Parking Total:10,Property Type:Residential Income,Stories Total:1,Street Number:220,M I A M I R E_ Style:Fourplex,Public Remarks:GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 4.53%, NOI $99,601. Pro forma income: $172,800, cap rate 5% 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.,Structure Type:1:Fourplex,County Or Parish:Palm Beach County,Expiration Date:2024-01-09,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:2342,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:ESTATES OF SOUTH PALM BEA,Tax Annual Amount:33762,Unparsed Address:220 Walton Blvd, West Palm Beach FL 33405,Listing Agreement:Exclusive Right To Sell,Year Built Details:Unknown,Building Area Total:4572,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:484.5815,Original List Price:2395000,Previous List Price:2395000,Documents Available:1:Other Available Information,2:Rent Rolls,3:Existing Survey,I D X Participation Y N:1,Number Of Units Total:8,Syndication Remarks:GREAT INVESTMENT OPPORTUNITY 100% RENOVATED BUILDING. 8-UNIT MULTI-FAMILY. FEW MILES TO THE BEACH. Income: $159,600, cap rate 4.53%, NOI $99,601. Pro forma income: $172,800, cap rate 5% 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.,Listing Contract Date:2023-01-09,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:220,Tax Legal Description:ESTS OF SOUTH PALM BEACH ADD NO 1 LTS 78 THRU 81,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:4553,Contract Status Change Date:2023-01-09,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:484.58,Internet Automated Valuation Display Y N:1,

  • Price $2,200,000.00
  • Price Change: 2023-01-17
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1950
  • Waterfront
  • View
  • Pool Yes
  • Style Other
  • Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2023-01-17
  • Days on Market 19
  • Furnished
  • City West Palm Beach
  • Zip 33405
  • State Florida
  • Subdivision
  • Development Name ESTATES OF SOUTH PALM BEA
  • HOA Fees
  • Taxes 33762
  • Taxes Year 2023