906 N Riverside Dr #1-9, Pompano Beach, FL 33062 Assigned

  • $1,275,000
  • 5 beds
  • 5 baths
  • 4,300 sqft
Assigned

906 N Riverside Dr #1-9, Pompano Beach, FL 33062

Asking Price: $1,304,000

NEW DEAL!
Property Description:

9 Units – 4 Studio apartments + 5 1/1 apartments

Total Potential Gross Income: $11,450.00

Airbnb Rents: $75.00 – $200.00 per night

7 Electrical meters – Units 1 & 2 share meter / Units 4 & 9 share meter.
1 Water meter – $360 per month including garbage.
14 Parking spots.
Wall/window cooling units.
Roof from 2013.
Insurance $8,000 (Includes flood).
Communal washer/dryer.

9 Unit Value Add Opportunity Located Between The Intracoastal & The Ocean In Pompano Beach.

Recent Renovations Consisting Of New Flooring, Roof, Some Updated Bathrooms, And Kitchens.

AAA Location In Walking Distance To Pompano Beach.

Surrounded By Major Highways Such As A1A, Atlantic Blvd, Riverside Dr, And US Federal Hwy 1.

Property Type: MFH
Year Built: 1955
Construction: CBS
Beds/Baths: 4 Studio & 5 1/1
Square Feet: 4,300
HOA: None
Liens/Violations: None
Property Taxes: $19,780
Estimated Rehab: $15-$20K
Cap Rate: 7.5%+
Market Rent: $11,000-$12,000

Available on 08.22.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$1,275,000
Address:
906 N Riverside Dr #1-9,
Pompano Beach, Florida 33062
Square Feet:
4,300
Lot Size:
0.10 AC
Bedrooms:
5
Bathrooms:
5
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1955
Const. Type:
CBS

Additional Features

906 N Riverside Dr #1-9, Pompano Beach, FL 33062. Amazing opportunity to own this home in a very desired location. Great investment Property is on an over-sized lot, larger than other properties close by. Don't miss out on the endless possibilities that this home has to offer.

Call (954) 280-5883 for more details

Property Location