This is an income property. It consists of four legal units with no violations, a clear title, and a completed 40 yr. Recertification. Has a 100% occupancy rate!. Current cap rate 6. 85%; projected cap rate 8. 87%
it’s a completely renovated 4 unit multifamily!
the 40 yr. Recertification was done on october 11, 2016 and approved on november 28, 2016. There is no septic tank, and landlord pays the water every month. There are four separate light meters. Each tenant pays the light utility. Four parking spaces and one parking for guests. Tenants are great and very punctual in paying the rent!
it’s in a very safe neighborhood located east of i95.
Data is provided by Miami Association of REALTORS®.
Nearby School In Pompano Beach
Data Provided by greatschools.org
The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Miami Association of REALTORS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.