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715 NW 5th Ave Pompano Beach, FL 33060
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Key Details
Sold Price $586,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,731 sqft
Price per Sqft $214
Subdivision Pinewood Heights 23-23 B
MLS Listing ID F10298615
Sold Date 10/22/21
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1961
Annual Tax Amount $4,542
Tax Year 2018
Property Description
INCOME PRODUCING FOURPLEX IN THE HEART OF POMPANO BEACH. ALL UNITS ARE 2/1 RENTED BRINGING IN $4800 A MONTH. All Tenants live there for at least 15 months!! LANDLORD PAYS ONLY FOR WATER WHICH IS ABOUT $250-$300 A MONTH. SEPARATE METER ROOM AND STORAGE ROOMS. GREAT INCOME PROPERTY!!!
Check the average rental rates for the area. Can easily be rented for $1500 with a little TLC. A 1/1 4plex only a block away is being rented out for $1100 a month.
BUILDINGS ARE FULLY OCCUPIED. DO NOT DISTURB TENANTS!
Location
State FL
County Broward County
Area N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Zoning RS-4
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction, Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Compass Florida, LLC