Address: 3440 16th Terrace 1-4, Pompano Beach, FL 33064
Description
Great Investment opportunity well located in east Pompano Beach! 5 Unit multifamily 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, roof approximately 2011 . 5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.
Great Investment opportunity well located in east Pompano Beach! 5 Unit multifamily 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, roof approximately 2011 . 5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.
Features
Building and Construction
Flooring: Ceramic Tile
Roof: Composition
Eco-Communities
Water Source: Public, Well
Utilities
Cooling: Central Building
Electric: Three Phase
Heating: Central Building
Road Frontage Type: Public Road
Sewer: Public Sewer
Utilities: Cable Available, Sewer Available, Water Available
Amenities
Association Amenities: None
Finance and Tax Information
Tax Year: 2025
Rental Information
Tenant Pays: Electricity
Other Features
Legal Description: CRESTHAVEN NO 9 REPLAT 46-1 B LOT 3 BLK 1
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