Investment Opportunity: , Unit 4, PompanoBeach, FL - $25,860 Profit

1021 NE 24th Ave, Pompano Beach, FL, 33062

1021 NE 24th Ave - #4

$223,000

Description

GREAT INVESTMENT OPPORTUNITY WITH 8% CAP RATE. OWNER HAS 2 UNITS AVAILABLE FOR SALE IN THE BUILDING. OWNER WANTS TO CASH OUT AND USE THE MONEY FOR FLIPPING BUSINESS. THIS PROPERTY IS GREAT FOR SOMEONE THAT WANTS A PASSIVE INCOME OR JUST WANTS A STARTER HOME IN A GREAT LOCATION. NEW IMPACT WINDOWS AND DOORS . *NEW WASHER/DRYERS AND ELEVATORS RECENTLY INSTALLED IN THE BUILDING VERY LOW HOA- HOA ONLY $320/MO UNIT 4- ANNUALLY LEASED TO A GREAT HOUSING VOUCHER TENANT FOR $1938 *GUARENTEED MONTHLY RENT* UNIT 30- MONTH TO MONTH TENANT $1750(WILL STAY OR LEAVE WITH NOTICE) CAN EASILY GET ANOTHER HOUSING VOUCHER TENANT, OR, GET ANOTHER TENANT AT $1950+

Property Information
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Occupancy Rate
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Monthly HOA
$320
rental Policy
daily
Yearly Taxes
$2725
Bedrooms
2
Bathrooms
1
SQFT
763
Furnished
unknown
Year built
1968
MLS
F10418916

Short-Term Rental Potential
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$46,656

Revenue
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$292

Price/SQFT

Long-Term Rental Potential
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$29,688

Revenue
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$2,474/mo

Rent