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420 NE 22nd Ave Pompano Beach, FL 33062
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Key Details
Sold Price $662,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $203
Subdivision Beachway Manor 22-8 B
MLS Listing ID F10040225
Sold Date 01/20/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1957
Annual Tax Amount $8,022
Tax Year 2016
Property Description
Rare opportunity to own a renovated 4 plex East of US 1 in Pompano Beach! Large lot (16,201 S.F.) with a central drive. Each unit has a carport & laundry room and is approximately 812 S.F. All are 2 beds/1 bath with central A/C. Extremely well maintained. New Impact glass in all units. Newer appliances, A/C's and water heaters. No deferred maintenance. Lush, mature landscaping. Passed 4 point inspection in March of 2016. NOI- $46,344.00 which is a 6.75 cap rate. Please do not disturb the tenants!
Location
State FL
County Broward County
Area North Broward Intracoastal To Us1 (3211-3234)
Zoning RD-1
Interior
Heating Central Heat, Electric Heat
Cooling Central Cooling, Electric Cooling
Flooring Ceramic Floor, Terrazzo Floors
Exterior
Exterior Feature Fruit Trees, Exterior Lights, Open Porch
Water Access Y
Water Access Desc None
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional, Other Terms
Listing Terms Conventional, Other Terms
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