Category: Multifamily
Price:$2,250,000
Location: Pompano Beach, FL
Year Built: 1959
Days on Market: 67
Description:
GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don’t miss this opportunity!
Offering memorandum available upon request. SEE BROKER REMARKS. Bonus office and short term rentals!
Listing Code: 1108298844