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(754) 799-7545
Real Estate Company
620 Sw 7th Street Unit #1-7, Pompano Beach, FL 33060
- $1,495,000
- List Price
- $1,495,000
- Days on Market
- 1
- MLS#
- B26100077
- Year Built
- 1974
- Lot Size
- 14,096
- Acres
- 0.32
Property Description
EXCEPTIONAL 7-UNIT MULTIFAMILY INVESTMENT PROPERTY! NEW ROOF, NEW IMPACT WINDOWS & RECENTLY COMPLETED 40-YEAR STRUCTURAL AND ELECTRICAL RECERTIFICATION! This well-maintained, 100% occupied property features long-term tenants and a desirable unit mix of three 2BR/1BA units, three 1BR/1BA units, and one spacious studio. Current annual gross income of $127,680 with significant room to increase rents. Annual operating expenses include property taxes of $22,858, water/sewer/trash $7,200, insurance $5,000, landscaping $720, and exterior electricity $600. Easy rent collection, and the seller easily self-manages the property. The seller has done all the hard work for the next buyer. With major capital improvements complete, this is a stabilized, income-producing asset with excellent upside.
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Additional Information
- Taxes
- $22,858
- Community Features
- Not Found
- Property Description
- Multi Family
- Zoning
- B-3
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
- Heating
- Other
- Air Conditioning
- Central Air, Electric, Wall/Window Unit(s)
- Roof
- Flat Tile, Flat Roof With Facade Front
Listing Courtesy Of RPM LUXE REALTY, Contact: