Description
Income-producing fourplex in central pompano beach – 5.3% cap rate
this remodeled fourplex offers a strong investment opportunity in the heart of pompano beach. all four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. each unit is separately metered for electricity, minimizing landlord expenses.the building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. water expenses paid by the landlord, are effectively offset by income from the laundry facilities. highlights:5.3% cap rate, all units rented, income-generating laundry room, independent electric meters,landlord pays water offset by laundry income.
Property Type
ResidentialIncomeSubdivision
Pine CrestCounty
BrowardStyle
FourplexAD ID
49861012
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Property Details
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Interior Features
Interior Features
- Roof: Shingle
Roofing Information
- Shingle
Flooring Information
- Laminate
Heating & Cooling
- Heating: Central,Electric
- Cooling: CentralAir,Electric
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Exterior Features
Building Information
- Year Built: 1961
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Property / Lot Details
Lot Information
- Lot Description: LessThanQuarterAcre
Property Information
- Subdivision: PINEWOOD HEIGHTS
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Listing Information
Listing Price Information
- Original List Price: $1089000
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Taxes / Assessments
Tax Information
- Annual Tax: $15918
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 5
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School, Utilities & Location Details
Utility Information
- CableAvailable
Location Information
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BuyOwner last updated this listing 07/01/2025 @ 00:14
- MLS: A11783500
- LISTING PROVIDED COURTESY OF: Esthael Rendon, Lopez & Hurst Realty, Inc.
- SOURCE: SEFMIAMI
is a Home, with 8 bedrooms which is for sale, it has 2,731 sqft, 2,731 sized lot, and 0 parking. are nearby neighborhoods.