About 3440 Ne 16th Terrace #1-4
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.
Features of 3440 Ne 16th Terrace #1-4
| MLS® # | RX-11134665 |
|---|---|
| Price | $1,260,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 3,261 |
| Acres | 0.16 |
| Year Built | 1967 |
| Type | Multi-Family |
| Sub-Type | Quad Plex |
| Style | No |
| Status | New |
Community Information
| Address | 3440 Ne 16th Terrace #1-4 |
|---|---|
| Area | 3331 |
| Subdivision | CRESTHAVEN NO 9 REPLAT |
| City | Pompano Beach |
| County | Broward |
| State | FL |
| Zip Code | 33064 |
| HOPA | No Hopa |
Amenities
| Utilities | 3-Phase Electric, Public Sewer, Public Water, Cable, Well Water |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Subdivision | None |
Interior
| Heating | Central Building |
|---|---|
| Cooling | Central Building |
| # of Stories | 2 |
Exterior
| Exterior Features | Auto Sprinkler |
|---|---|
| Lot Description | Public Road, Paved Road |
| Windows | Impact Glass |
| Roof | Comp Shingle |
| Construction | CBS |
Additional Information
| Zoning | RM-12 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Services |
|---|