244 Walton Blvd West Palm Beach, FL 33405
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 244 Walton Blvd
- Year built
- 1953
- Property type
- Small apartment buildings
Description
This charming three-unit apartment building, located at 244 Walton Blvd in West Palm Beach, Florida, presents a compelling investment opportunity. Built in 1953, this single-story, cinder-block structure boasts a desirable location in a historic area. The property features a mix of units: one two-bedroom, one-bathroom unit and two one-bedroom, one-bathroom units. Two of the one-bedroom units are currently month-to-month rentals with recently installed new air conditioning systems. Long-term rental rates are $1500, $1675, and $3200 respectively. The property offers ample space for the addition of a pool, a valuable amenity for future tenants. Please note that the property is being sold "as is," and any short sale will be subject to lender approval. The roof is older and should be considered for insurance purposes. This property is corporate-owned and presents a unique chance to acquire a well-situated multifamily investment in a thriving Florida market. The property is located in Palm Beach County, Florida, zip code 33405. The building has been partially remodeled.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0519016
- Latitude
- 26.6768271
