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716 NE 1ST ST Pompano Beach, FL 33060
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Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,196 sqft
Price per Sqft $129
Subdivision Brentwood Park
MLS Listing ID F10015375
Sold Date 07/20/16
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 6798
Year Built 1970
Annual Tax Amount $4,485
Tax Year 2015
Property Sub-Type Fourplex
Property Description
Fantastic find Large 4 plex in the heart of Pompano Beach! Building has two 2 bed 1 baths rented for $1,100 & $1165, a 2 bed 1.5 bath rented for 985, 1 bed 1 bath rented at $850. Building has newer roof, central A/C, hurricane shutters, separate water meters, washer & dryer in 3 units. Tenants pay water and electric. Annual Gross income is $49,200. Annual expenses are Taxes: $4,485 Lawn: $840 Insurance: $4,000. Est. Cap Rate of 9%. Owner has 6 other properties available (total 19 units) Call for Details.
Location
State FL
County Broward County
Area North Broward Us1 To Dixie Hwy (3311-3342)
Zoning MULTI
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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