FL > Pompano Beach
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
Pompano Beach, FL 33060,620 SW 7th St #1-7
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Cameron Scott

Cameron Scott

RE/MAX Consultants Realty I

+1(954) 995-4711
$ 1,475,000
Est. payment | /mo

4,716 SqFt

Save Virtual Tour
$ 1,475,000
Est. payment | /mo
Save Virtual Tour

4,716 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,716 sqft

Price per Sqft $312

MLS Listing ID A11914413

HOA Y/N No

Year Built 1973

Annual Tax Amount $19,534

Lot Size 0.324 Acres

Property Sub-Type Multi Family

Property Description

Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.38% cap, ProForma 7.79% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!

Location

State FL

County Broward

Area 3431

Exterior

Private Pool Yes

Others

Tax ID 494202031150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11914413

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RPM LUXE REALTY

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Cameron Scott

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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620 SW 7th St #1-7

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