Pinewood Heights

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Deposit - Security, Equipment Lists, Inventory, Copy Of Lease(S), Rent Rolls
• Architectural Style: Detached
• Cooling: Central Air, Electric
• Heating: Central, Electric
• Construction Materials: CBS Construction

Description:

Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate
This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.