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231 SW 15th St

Pompano Beach, FL 33060

$1,199,000

Apartments For Sale  •  4,909 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 4,909 Sq Ft
  • Lot Size 0.17 ac
  • Building Class B
  • Year Built 1959
  • Cap Rate 5.26 %
  • Zoning RM-20 County
34 Transit Score
48 Walk Score

Description

Multi Family 8 Plex rental building with two 2/1's and six 1/1's with updated kitchens.  Each unit has a private patio in back. The six 1 bedroom units are fully occupied with annual leases, the two 2 bedrooms are leased on a month to month basis to a Vacation Rental Company. Swimming pool in front of building. Hurricane Impact windows.
Rent roll and proforma available on request

Highlights

Conveniently located to stores highways and airport

Financial Summary (Proforma)

Net Operating Income: $63,098 (2019)
Cap Rate: 5.26 %
Total Expenses: $52,102

Amenities

  • Laundry Facilities
  • Pool
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek Commuter Rail (Tri-County Commuter) 7 min - 2.5 mi
Pompano Beach Commuter Rail (Tri-County Commuter) 14 min - 5.8 mi
AirportDriveWalkDistance
Fort Lauderdale–Hollywood International Airport 23 min - 13.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Jo Ann Massimino 954-647-5407 Coldwell Banker Las Olas
Jo Ann Massimino 954-647-5407 Coldwell Banker Las Olas