200 NW 14th ST 1-5 Active

Pompano Beach,FL 33060

$ 889000

- Bed

5 Baths

3246 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,246 sqft

Price per Sqft $273

Subdivision Pompano Terrace

MLS Listing ID RX-11001793

Construction Status Resale

Year Built 1985

Annual Tax Amount $10,750

Tax Year 2023

Lot Size 10,890 Sqft

Property Description

INVESTORS! RESIDENTIAL BUILDING WITH FIVE (5) UNITS LOCATED IN POMPANO BEACH, FLORIDA! CONSISTING OF FOUR (4) 2-BEDROOM 1-BATHROOM UNITS (RENTED AT $1,400) AND ONE (1) 1-BEDROOM 1-BATHROOM UNIT ($1,228). NEW HVAC in 2023, CITY WATER AND SEWER, 5 SEPARATE ELECTRIC METERS. BATHROOMS REMODELED IN 2023. OTHER INTERIOR UPGRADES VARY BY UNIT. ALL RENTS ARE BELOW RENTAL MARKET VALUE AND 4 OF THE 5 TENANTS ARE ON A MONTH TO MONTH BASIS! IDENTICAL UNIT NEXT DOOR 210 NW 14TH ST NOT LISTED BUT SELLERS ARE OPEN TO SELLING BOTH UNITS AS A PACKAGE DEAL! 10 UNITS IN TOTAL. THIS IN AN EXCELLENT OPPORTUNITY TO ACQUIRE A STRONG CASH FLOWING MULTIFAMILY ASSET THAT IS 100% OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS.

Location

State FL

County Broward

Area 3423

Zoning RM-20

Interior

Heating Central Individual

Cooling Central Individual,Electric

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Electric,Public Sewer,Public Water,Separate Meter

Roof Type Fiberglass

Building

Story 100.00

Foundation CBS

Construction Status Resale

Others

Security Features None

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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