Modern Living Group
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$2,400,000ACTIVE

332 Walton Boulevard, West Palm Beach, FL 33405

beds0baths2,215sq ft$1,084/ sq ft
THE RESIDENCE

About this home

100% fully occupied. Strong cash flow 7 unit multifamily ( Including 338 Walton Blvd) in a high demand rental area near I95 and just blocks from the Intracoastal. Turnkey property with coin operated laundry, ample parking, and extensive upgrades completed, including New Roof, impact windows, updated flooring, stainless steel appliances, remodeled kitchens and bathrooms, granite countertops, and exterior improvements. Current income $166,680 annually with NOI of $113,800. Please do not walk the property.

THE DETAILS

Property details

List Price$2,400,000
Price / Unit$800,000
Units3
Cap Rate4.71%
Gross Income$166,680/yr
Net Operating Income$113,000
Inside Sq Ft2,215
Year Built1958
ConstructionBlock
FlooringCeramic Tile, Vinyl
ZoningMF20 (city)
Lot Dimensions50.0 ft x 101.0 ft
Property TypeTriplex
MLS #B26042781
StatusActive
Original List Price$2,400,000
GRM14.4
Tenant PaysCable TV, Electricity, Water
Show all details (7 more)
Stories1
Lot Size0.12 acres
WaterfrontNo
Days on Market5
Annual Taxes$13,740
CityWest Palm Beach
Zip Code33405
LOCATION

Where you'll live

Patrick Lafferty
FEATURED AGENT
Patrick Lafferty
WPB Specialist
Founding Agent

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