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400 NE 4th St
Pompano Beach, FL 33060
10-Room Rooming House - Excellent Cash Flow · Multifamily Property For Sale
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10 Units
Investment Highlights
- Excellent income opportunity with current cap rate of 8.27%, plenty of upside potential and room to increase rents
- 100% leased with onsite manager (lives in one of the rooms).
- Conveniently located 1.5 miles East of I-95 and 2.5 miles from the beach
- Owner financing available with a minimum of 40% down.
Property Facts
| No. Units | 10 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 1,952 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1925 |
| Zoning | TO-DPOD - Transit-Oriented Development Planned Development Overlay District Density: 75 units per acre Height restrictions: 8 stories or 100 feet | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,952 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1925 |
| Zoning | TO-DPOD - Transit-Oriented Development Planned Development Overlay District Density: 75 units per acre Height restrictions: 8 stories or 100 feet |
Amenities
Site Amenities
- Furnished Units Available
Property Taxes
| Parcel Number | 48-42-35-18-0081 | Improvements Assessment | $411,420 |
| Land Assessment | $53,700 | Total Assessment | $465,120 |
Property Taxes
Parcel Number
48-42-35-18-0081
Land Assessment
$53,700
Improvements Assessment
$411,420
Total Assessment
$465,120
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