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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,762 sqft
Price per Sqft $173
Subdivision Ocean Drive Estates 8-2 B
MLS Listing ID F10031860
Sold Date 12/28/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 6126
Year Built 1972
Annual Tax Amount $4,536
Tax Year 2016
Property Description
Fantastic find! Large Fourplex in The Heart of Pompano Bch. All units are 2 bedrooms, 1 bath. New roof 3 years old & new central AC in all units. Accordion hurricane shutters & updated kitchens. Close to beach & shopping. Annual Gross Rent is $58,800.Tenants pay their own Electric, Water,Trash, & Sewer. Annual expenses are: Taxes $4,536 Insurance: $4100 Lawn $480. Annual Expenses Total $9,116. Cap Rate 10%. All information is believed to be accurate but is not guaranteed.
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning RM-20
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Storm/Security Shutters
Waterfront No
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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