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$ 949,000
Est. payment | /mo
9 Beds
7 Baths
$ 949,000
Est. payment | /mo
9 Beds
7 Baths
Key Details
Property Type Multi-Family
Listing Status Off Market
Purchase Type For Sale
Bedrooms 9
Property Description
Amazing Multifamily Jewel available with a current 7.7% Cap Rate!! 7 Units on a huge 14,000 sqft spacious property with excellent curb appeal in a great area of Pompano Beach. 100% occupied with long term tenants since the owner purchased the building and updated. Easy rent collection and Seller also easily manages the property himself. Gross Income is $90,600. Projected Gross Income is $97,200. Annual Expenses are $17,768 which include Property Taxes:$9668, Water/Sewer:$5700, Insurance $1300, Lawn $1200. Electric is paid by Tenants. 3 units are 2Bedroom 1Bath, 3 units are 1Bedroom 1Bath and 1 Large studio with a full kitchen. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Location
State FL
County Broward
Listed by Rodger P Morelli, MBA • RPM Luxe Realty
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