Income-Producing Fourplex in Central Pompano Beach – 5.3% 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 installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.
For sale
$1,089,000
715 NW 5th Ave, Pompano Beach, FL 33060
8beds
4baths
2,731sqft
Est.:
Quadruplex
Built in 1961
-- sqft lot
$-- Zestimate®
$399/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 256 |
- 25 |
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