
Listed by Fidelity Real Estate Group
$690,000
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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Listed by Fidelity Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
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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