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Wade M. Berlin

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  4. 3440 16th Terrace Ne 1-4, Pompano Beach, FL 33064
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3440 16th Terrace Ne 1-4
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PRICED AT ONLY: $1,260,000

Address: 3440 16th Terrace Ne 1-4, Pompano Beach, FL 33064

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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  • MLS#: RX-11134665 ( Quad Plex )
  • Street Address: 3440 16th Terrace Ne 1-4
  • Viewed: 15
  • Price: $1,260,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 0
  • Days On Market: 52

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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Features
Building and Construction
  • Absolute Longitude: 80.100683
  • Construction: CBS
  • Exterior Features: Auto Sprinkler
  • Flooring: Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 3261.00
  • Total Building Sqft: 3261.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: Paved Road, Public Road
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Impact Glass: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Building
  • Heating: Central Building
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Cable, Electric, Public Sewer, Public Water, Well Water
  • Window Treatments: Impact Glass
Finance and Tax Information
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 66520.00
  • Income Expenses Annual Total Expense: 30080.00
  • Income Expenses Gross Operating Inc: 96600.00
  • Source Of Expenses: Owner
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electric
Other Features
  • Avail Info: Accounting, Leases, Service Contracts
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: CRESTHAVEN NO 9 REPLAT 46-1 B LOT 3 BLK 1
  • Parcel Id: 484224190080
  • Possession: Funding
  • Unit Number: 1-4
  • Views: 15
  • Zoning: RM-12
Nearby Subdivisions
Cresthaven No 9 Replat   Pompano Beach Highlands 5th Se   Pompano Beach Highlands-pool   The Highlands Second Add  
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