240 NW 12th St, Pompano Beach, FL 33060 | MLS A10657698 | Listing Information | BHHS Florida Realty

240 NW 12th St,  Pompano Beach FL, 33060

Status: NEW LISTING
MLS#: A10657698
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Last Updated: 4/19/2019 1:29 AM
Description for 240 NW 12th St Pompano Beach, FL 33060
Income producing investment opportunity. 5 units â“ with a total of three 2 bedroom and 1 bath along with two 1 bedroom and 1 bath. All units are occupied with long term tenants, and currently rented below market. Units 2 and 3 have central A/Câs. Units 1,4 and 5 have wall units. Floors have been updated in most of the units with gray hardwood. Each unit has a separate electric meter, tenants pay their own electricity. Property is located on corner lot with well over a quarter acre of land. Owner receives additional income for a small portion of the lot. The property is currently at 6.9% cap rate but is projected to be a 10.3% cap when rents are at market. Please, do not disturb tenants.
Price
$525,000
Broward County
A10657698
NEW LISTING
Description
Income producing investment opportunity. 5 units â“ with a total of three 2 bedroom and 1 bath along with two 1 bedroom and 1 bath. All units are occupied with long term tenants, and currently rented below market. Units 2 and 3 have central A/Câs. Units 1,4 and 5 have wall units. Floors have been updated in most of the units with gray hardwood. Each unit has a separate electric meter, tenants pay their own electricity. Property is located on corner lot with well over a quarter acre of land. Owner receives additional income for a small portion of the lot. The property is currently at 6.9% cap rate but is projected to be a 10.3% cap when rents are at market. Please, do not disturb tenants.
Listing Information
Property Type: Other
0.36 Acres 1955
220v Service, Separate Meters
Neighborhood
Room Information
Interior Features
Central Air, Window/Wall Unit
Exterior / Lot Features
8 Parking Spaces,
None
Corner
Driving Directions
CALL LISTING AGENT.
Financial Considerations
484235320380
$5,507
2018
Market Trends and Price History
Listing Price History

Pompano Beach Real Estate

Pompano Beach is located in Florida. Pompano Beach, Florida 33060 has a population of 107,762.

The median household income in Pompano Beach, Florida 33060 is $40,534. The median household income for the surrounding county is $51,574 compared to the national median of $53,482. The median age of people living in Pompano Beach 33060 is 42.3 years.

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Courtesy: Capital Commercial R.E. Group
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This content last refreshed on 4/19/2019 1:29 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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