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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33585765
33585777

404 NE 4th Street, Pompano Beach, FL 33060

Fidelity Real Estate Group
Listed by Fidelity Real Estate Group
$690,000
268 days on market
Updated 4 days ago

HINSON ADD

Details
APN 484235180080
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,632
Units 2
NOI $41,956
Year Built 1971
Zoning MULTI

Multifamily | 2 Units

Marketing description

Owner Financing Available! This Large Duplex Features Two Spacious Units, Each Offering 3 Bedrooms And 1 Bath. Situated In The Heart Of Pompano Beach, Just Minutes From The Sandy Beaches & Shopping, A True Money Maker With Tremendous Potential For Growth. Current Gross Totals $55,488 Annually, Both Units Are Nicely Updated With Newer Air Conditioning Systems (1–2 Years), Washer/Dryer Hookups, Separate Electric/Water Meters & Hurricane Shutters Already Installed. Property Was Recently Painted & Unit A Has Newly Renovated Bathrooms. Potential Gross Rent $67,200 Annual Expenses: Lawn Care $600, Insurance $3,100,Taxes $8,632, And Water $1,200, Potential Net Income $53,668. All Information Provided, Boundary Lines Included Is Deemed Reliable But Not Guaranteed & Should Be Verified By The Buyer.
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Listing Contacts

Fidelity Real Estate Group
Listed by Fidelity Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$41,956.00
$3,496.33/mo

Valuation Metrics

0
DSCR
6.08%
Cap Rate
6.08%
ROI

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