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 – 6% 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 the installation of a brand-new central air conditioning system in each apartment, ensuring tenant comfort and modern appeal. Water expenses, paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:6% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.