Pompano Beach, FL 33060,716 NE 1ST ST

$415,000

Est. payment /mo

$429,900

3.5%
Est.Price: ?

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716 NE 1ST ST Pompano Beach, FL 33060

3,196 SqFt

SOLD DATE : 07/20/2016

Key Details

Sold Price $415,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,196 sqft

Price per Sqft $129

Subdivision Brentwood Park

MLS Listing ID F10015375

Sold Date 07/20/16

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 6798

Year Built 1970

Annual Tax Amount $4,485

Tax Year 2015

Property Description

Fantastic find Large 4 plex in the heart of Pompano Beach! Building has two 2 bed 1 baths rented for $1,100 & $1165, a 2 bed 1.5 bath rented for 985, 1 bed 1 bath rented at $850. Building has newer roof, central A/C, hurricane shutters, separate water meters, washer & dryer in 3 units. Tenants pay water and electric. Annual Gross income is $49,200. Annual expenses are Taxes: $4,485 Lawn: $840 Insurance: $4,000. Est. Cap Rate of 9%. Owner has 6 other properties available (total 19 units) Call for Details.

Location

State FL

County Broward County

Area North Broward Us1 To Dixie Hwy (3311-3342)

Zoning MULTI

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Tile Floors

Exterior

Waterfront No

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Conventional

Listing Terms Conventional

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Fidelity Real Estate Group LLC

Alan Olem

Advisor | License ID: 3348595

+1(954) 854-7678

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