Collier City

2640 NW 2nd St, Pompano Beach, FL

$1,100,000

Price

$63,400

NOI

2,346 sqft

Building Size

Gallery
Street
Map
Overview
NOI
$63,400
Building Size
2,346 sqft
Units
4
Year Built
1964
Floors
1
Parking Spots
5
Gross Leaseable Area
2346
Description

Investor's dream. Renovated Fourplex 2 beds 1 bath. Owner spent over $33,000 in repairs. All units rented to excellent paying tenants $1800/unit. Security Deposit for each unit is $1800, total 4 units Sec Deposits $7200. Gross annual rent $86,400. 3 leases expire Oct 31st 2024 1 lease expires Feb 15th 2025. Owner's Expenses: water $4,800, insurance $2,500, lawn $1200, real estate tax for 2023 $14,483. Roof replaced in 2020. Tenants pay power. No laundry room. Great location in Pompano Beach, close to Atlantic Blvd. and highways. Please do not disturb tenants.

Highlights
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S), Existing Survey
  • Architectural Style: Detached
  • Cooling: Central Air
  • Heating: None
  • Flooring: Ceramic Floor, Tile
  • Buyer Agency Compensation: 3%
Location
Gallery