About 1109 Nw 6th Av #1-5
Completely restored and remodeled modern 5-unit CBS apartment building. Four 2/1's and one 1/1's. Everything was updated including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual and unfurnished. Seller Financing Options Available! ~7.0% cap rate at full ask price!
Features of 1109 Nw 6th Av #1-5
| MLS® # | RX-11091480 |
|---|---|
| Price | $1,125,000 |
| Acres | 0.23 |
| Year Built | 1984 |
| Type | Commercial |
| Sub-Type | Income |
| Style | Income |
| Status | Price Change |
Community Information
| Address | 1109 Nw 6th Av #1-5 |
|---|---|
| Area | 3423 |
| Subdivision | PALM TREE (Downtown Pompano Beach) |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33060 |
Amenities
| Utilities | 3-Phase Electric, Cable, Public Sewer, Public Water, Separate Meter |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Building and Land |
|---|---|
| Heating | Central, Electric |
| Cooling | Ceiling Fan, Electric, Central |
| # of Stories | 1 |
Exterior
| Lot Description | Remodeled 5-Unit Apt |
|---|---|
| Roof | Comp Shingle |
| Construction | CBS, Concrete |
Additional Information
| Zoning | RM-20 |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Regency Realty Services |
|---|