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- MLS#: R11134665 ( Residential Income )
- Street Address: 3440 16th Terrace 1-4
- Viewed: 17
- Price: $1,260,000
- Price sqft: $386
- Waterfront: No
- Year Built: 1967
- Bldg sqft: 3261
- Total Baths: 5
- Additional Information
- Geolocation: 26 / -80
- County: BROWARD
- City: Pompano Beach
- Zipcode: 33064
- Subdivision: Cresthaven No 9 Replat
- Provided by: Keller Williams Realty Services
- DMCA Notice
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PRICED AT ONLY: $1,260,000
Address: 3440 16th Terrace 1-4, Pompano Beach, FL 33064
Would you like to sell your home before you purchase this one?
Description
Great Investment opportunity well located in east Pompano Beach! 5 Unit multifamily 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, full impact windows, roof approximately 2010. 5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.
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Building and Construction
- Flooring: Ceramic Tile
- Roof: Composition
Eco-Communities
- Water Source: Public, Well
Utilities
- Cooling: Central Building
- Electric: Three Phase
- Heating: Central Building
- Road Frontage Type: Public Road
- Sewer: Public Sewer
- Utilities: Cable Available, Sewer Available, Water Available
Amenities
- Association Amenities: None
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity
Other Features
- Legal Description: CRESTHAVEN NO 9 REPLAT 46-1 B LOT 3 BLK 1
- Parcel Number: 484224190080
- Unit Number: 1-4
- Views: 17
- Zoning Code: RM-12
