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Residential Income
$1,089,000
715 NW 5th Ave Pompano Beach, FL

A11783500

212 of 535 for Sale
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an agent
  • Listed On:

    Apr 14, 2025
  • Days on Market:

    122
  • Year:

    1961
  • Taxes:

    $15,918 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

715 NW 5th Ave Pompano Beach, FL Income-Producing Fourplex in Central Pompano Beach – 5.3% Cap Rate This remodeled fourplex offers a strong investment opportunity in the heart of Pompano Beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.The building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% Cap Rate, All Units Rented, Income-Generating Laundry Room, Independent Electric Meters,Landlord Pays Water offset by laundry income.

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