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GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Actual Cap Rate: 5.85%, Proforma Cap Rate 5.92 Income: $168,000. NOI: $116,220.36. Don t miss this opportunity!
Features
Age: Over 50 Years Old
Architecture Style: Other
Legal Description: LYONS PARK FIRST ADD 40-2 B LOTS 15,16 BLK 19