About 620 Sw 7th Street 1-7
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Residential Income property for sale in Pompano Beach, FL at 620 Sw 7th Street 1-7. This Residential Income property is priced at $307/sqft
Features of 620 Sw 7th Street 1-7
| MLS® # | F10521604 |
|---|---|
| Price | $1,450,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,716 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Style | Other |
| Status | Active |
Community Information: Pompano Beach
| Address | 620 Sw 7th Street 1-7 |
|---|---|
| Area | 3431 |
| Subdivision | Fairview Amd 10-25 B |
| City | Pompano Beach |
| County | Broward County |
| State | FL |
| Zip Code | 33060 |
Amenities of 620 Sw 7th Street 1-7
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 620 Sw 7th Street 1-7
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2.0000 |
Exterior of 620 Sw 7th Street 1-7
| Lot Description | 1/4 To Less Than 1/2 Acre Lot |
|---|---|
| Roof | Concrete Roof |
| Construction | Concrete Block Construction |
Additional Information On 620 Sw 7th Street 1-7
| Listing Courtesy of | RPM LUXE REALTY |
|---|---|
| Zoning | B-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RPM LUXE REALTY |
|---|