404 NE 4th St - Multi-Family FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$690,000 USD
954-234-7653
404 NE 4th St, Pompano Beach, FL for Sale
$690,000 USD
Multi-Family - FOR SALE
1/48
null | 6.08% Cap Rate


HIGHLIGHTS

  • Minutes To The Beach
  • 3 Bed 1 Bath Units
  • Separate Electric & Water Meters

OVERVIEW

Owner Financing Available! This Large Duplex Features Two Spacious Units, Each Offering 3 Bedrooms And 1 Bath. Situated In The Heart Of Pompano Beach, Just Minutes From The Sandy Beaches And Shopping, A True Money Maker With Tremendous Potential For Growth. Gross Totals $55,488 Annually, Both Units Are Nicely Updated With Newer Air Conditioning Systems (1–2 Years), Washer/Dryer Hookups, Separate Electric/Water Meters & Hurricane Shutters Already Installed. Property Was Recently Painted & Unit A Has Newly Renovated Bathrooms. Potential Gross Rent $67,200 Annual Expenses: Lawn Care $600, Insurance $3,100,Taxes $8,632, And Water $1,200, Potential Net Income $53,668. All Information Provided, Boundary Lines Included Is Deemed Reliable But Not Guaranteed & Should Be Verified By The Buyer. Visit www.InvestPropFL.com To View Our other Investment Properties.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$401 USD /SF

# OF UNITS

2

PRICE/UNIT

$345,000

CAP RATE

6.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pompano Beach Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,667 SF

ZONING

TO-DPOD

APN/PARCEL ID

48-42-35-18-0080

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.