1109 NW 6th AVE 1-5 new

Pompano Beach,FL 33060

$ 1350000

- Bed

5 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Subdivision Palm Tree (Downtown Pompano Beach)

MLS Listing ID RX-11091480

Year Built 1984

Annual Tax Amount $17,751

Tax Year 2024

Lot Size 10,018 Sqft

Property Sub-Type MultiFamily (5+ Units)

Property Description

Completely restored and remodeled modern 5-unit CBS apartment building. Everything was replaced including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted and new in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished.

Location

State FL

County Broward

Area 3423

Zoning RM-20

Interior

Heating Central,Electric

Cooling Ceiling Fan,Central,Electric

Flooring Vinyl Floor

Fireplaces Type Smoke Detector

Exterior

Utilities Available Cable,Electric,Public Sewer,Public Water,Separate Meter

Roof Type Comp Shingle

Building

Story 100.00

Foundation CBS,Concrete

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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