FAIRVIEW AMENDED PLAT POMPANO BEACH A11948899

620 SW 7TH ST #1-7, Pompano Beach, FL 33060

FAIRVIEW AMENDED PLAT 620 SW 7TH ST #1-7 POMPANO BEACH

REMARKS:

FAIRVIEW AMENDED PLAT 620 SW 7TH ST #1-7 POMPANO BEACH. Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1s , 3 - 1/1s and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is 123,600. There is room to increase the rents and the Projected Gross Income will be 147,000. Annual Expenses are 29,463 which include Property Taxes:19543, Water/Sewer:3600, Insurance 5000, Lawn 720, Exterior Electric 600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed.

If you are interested in buying property located at 620 SW 7TH ST #1-7, Pompano Beach, FL 33060, call us today!

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620 SW 7TH ST #1-7, POMPANO BEACH, FL 33060 - LOCATION