15% CAP RATE - INVESTORS DREAM - FULLY RENOVATED
DOUBLE LOT INCLUDED

SINGLE FAMILY HOME OPERATING AS A NON-CONFORMING FIVE UNIT RENTAL PROPERTY (5-STUDIOS/5-BATHROOMS) WITH $2,875/MONTH IN REVENUE ($34,500/YEAR), $6,000/YEAR IN EXPENSES (ELECTRIC, WATER, INTERNET, LAWN), $2,500/YEAR FOR INSURANCE AND CURRENT TAXES AT $1,560, THIS PROPERTY IS A CASH COW WITH A 15% CAP RATE. UNITS HAVE BEEN UPGRADED WITH NEW BATHROOMS AND FLOORING. NEW ROOF (2014), TENTED (2014), NEW CENTRAL A/C (2016), TANKLESS WATER HEATER (2014) AND LAUNDRY AREA. DOUBLE LOT INCLUDED. DO NOT DISTURB TENANTS.
5 - STUDIOS
Completely Renovated
High Efficiency A/C - 2016
$24,440 Net Income/Year
5 - BATHROOMS
New Roof 2014
Termite Tented - 2014
Month To Month Leases
MLS: A10217218
Sq Ft: 1240
Yr Built: 1972
Bdrms: 5
Baths: 5
Asking: $170,000
Address: 901 SW 13 Street
Pompano Beach, FL
33060
 
Ronald Platt
Keller Williams Realty St. Pete
786-281-1965
[email protected]
www.ThePLATTinumTeam.com
Lic#: 3036756