Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,450,000
-- Bed
- -- Bath
4,716sqft
620 Sw 7Th St, Pompano Beach, FL 33060
$1,450,000
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Quadruplex
Built in 1973
$-- HOA
-- sqft lot
$307/sq.ft
Description
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1973
HOA Fees
-
Finished Area
4,716 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
F10521604
MLS Status
Active
Days on Market
155
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