FL > Pompano Beach > Pinewood Heights
Pompano Beach, FL 33060,Address not disclosed
Pompano Beach, FL 33060,Address not disclosed
Pompano Beach, FL 33060,Address not disclosed
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$1,089,000
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2,731 SqFt
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Address not disclosed Pompano Beach, FL 33060

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,731 sqft

Price per Sqft $398

Subdivision Pinewood Heights

MLS Listing ID A11783500

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $15,918

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

Income-Producing Fourplex in Central Pompano Beach – 6% Cap Rate
This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including the installation of a brand-new central air conditioning system in each apartment, ensuring tenant comfort and modern appeal. Water expenses, paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:6% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

Location

State FL

County Broward

Community Pinewood Heights

Area 3411

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 484235420150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Lopez & Hurst Realty, Inc.

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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