Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Opportunity Zone newly renovated cash-flowing investment property. Four 2/1 units fully renovated with year leases. 8% Cap Rate. See accurate financials below. Featuring all new central ACs, updated electrical, impact windows (last ones currently being installed) and impact doors, replaced old cast iron piping with new PVC, installed new copper water piping, replaced wood beam rafters and structural sub-flooring for the second level. Interiors upgraded as well with new kitchens, bathrooms, etc.rnGross Annual Income: $85,200rnNOI: $70,126rnMonthly Rents are:rn#1 $1,600rn#2 $1,800rn#3 $1,600rn#4 $1,800rnAnnual Expenses:rnTaxes – $7,573rnInsurance – $4,741rnWater and Sewer – $2,760rnBrand new coin operated washer and dryers are generating an extra $300 positive cash flow per month.

Features
: Central Air
: Fence
: 4
: Laundry Facility
: Vinyl, Wood
: Less Than 1/4 Acre Lot
: Shingle
: Public Sewer
Address Details
FL
Broward County
Pompano Beach
33060
715 NW 5th Ave
PINEWOOD HEIGHTS
0
Other
: Other
: Concrete Block Construction
57
: All Cash, Conventional, Fha
4
: Substantially Remodeled
: Sewer, Trash Collection, Water
1
2
: Quadruplex, Fourplex
$7,573
2021
Residential

Residential Income For Sale

PINEWOOD HEIGHTS

715 NW 5th Ave, Pompano Beach, Florida 33060

2,731 Sqft
$825,000
Listing ID #A11212454
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11212454
Price : $825,000
Square Footage : 2,731 Sqft
Year Built : 1961
Building Area : 2,731 Sqft
Status : Active
Property SubType : Quadruplex
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