620 Southwest 7th Street Pompano Beach, FL 33060 OFF MARKET
UPDATED:  
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OFF MARKET
949000
/mo

9Beds

7Baths

-1SqFt

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Key Details

Property Type: Multi-Family

Listing Status: Off Market

Purchase Type: For Sale

MLS Listing ID: A1589470172

Bedrooms: 9

Property Description

Amazing Multifamily Jewel available with a current 7.7% Cap Rate!! 7 Units on a huge 14,000 sqft spacious property with excellent curb appeal in a great area of Pompano Beach. 100% occupied with long term tenants since the owner purchased the building and updated. Easy rent collection and Seller also easily manages the property himself. Gross Income is $90,600. Projected Gross Income is $97,200. Annual Expenses are $17,768 which include Property Taxes:$9668, Water/Sewer:$5700, Insurance $1300, Lawn $1200. Electric is paid by Tenants. 3 units are 2Bedroom 1Bath, 3 units are 1Bedroom 1Bath and 1 Large studio with a full kitchen. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!

Location

State: FL

County: Broward

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Listing provided by  RPM Luxe Realty

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