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 – 2/1’s , 3 – 1/1’s 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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Concrete
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Pompano Beach
- Zipcode:
- 33060
- Street:
- 620 Sw 7th St #1-7, Pompano Beach, Florida 33060
- Longitude:
- W81° 52' 30.8''
- Latitude:
- N26° 14' 16.3''
- Construction Materials:
- Block
- Cumulative DOM:
- 30
- DOM:
- 30
- Flooring:
- Ceramic Tile
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 494202031150
- Subdivision Name:
- FAIRVIEW AMENDED PLAT
- Tax Annual Amount:
- $21,212
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Residential Income For Sale
620 Sw 7th St #1-7, Pompano Beach, Florida 33060, Pompano Beach, Florida 33060
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,450,000
- Year Built :
- 1974
- MLS # :
- A11948899
- Property Sub Type :
- Quadruplex
