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Listed by Regency Realty Services

$1,250,000

Est. payment - /mo

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7 Beds

4 Baths

3,269 SqFt

Price Dropped by $39K

1109 NW 6th AVE 1-5 Pompano Beach, FL 33060

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MAXIM LLC

maxim@maximrealtors.com +1(407) 288-0704

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Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,269 sqft

Price per Sqft $382

Subdivision Palm Tree

MLS Listing ID RX-11091478

Bedrooms 7

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1984

Annual Tax Amount $17,751

Tax Year 2024

Property Sub-Type Quad Plex

Property Description

Completely restored and remodeled modern 5-unit CBS apartment building. Everything was replaced including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted and new in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished.

Location

State FL

County Broward

Community Downtown Pompano Beach

Area 3423

Zoning RM-20

Interior

Heating Central, Electric

Cooling Ceiling Fan, Central, Electric

Flooring Vinyl Floor

Exterior

Exterior Feature Custom Lighting, Fence

Community Features Sold As-Is

Utilities Available Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

View Garden

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description Sidewalks

Story 1.0

Foundation CBS, Concrete

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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MAXIM LLC

+1(407) 288-0704

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1109 NW 6th AVE 1-5 Pompano Beach, FL 33060

MAXIM LLC

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1109 NW 6th AVE 1-5