$690,000
MLS# RX-10980081
2363 sqft
1 / 26
Property Description
Amazing opportunity to own two duplex's in Old Pompano. 500 & 420 are being sold together valued at $690,000 each. Each building consists of one 2 bedroom 1 bathroom unit and 1, 3 bedroom 2 bathroom unit. Each unit has its own private laundry room, and private fenced in backyard. The two buildings share a guest parking spot in the middle. No expense was spared when building and renovating these units. The building has marble base and marble window sills. All interiors have been upgraded in the last 2-3 years. The units are located in a very high elevation with no threat of flooding. All units come equipped with panel hurricane shutters. All tenant are paying below market rents and are on month to month basis. Only one unit is empty. Step into immediate cash flow. Schedule private tour now
Details
Documents
Contract Information
Listing Date: 2024-04-19
Status: Active
Original List Price: 690000
Auction: No
List Price: $690,000
Current Price: $690,000
List Price/SqFt: 292
Comm/Non-Rep: $0
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Duplex
Structure Type: Duplex
Total # of Units: 2
Property Condition: Resale
Year Built: 1973
Number of Stories: 1
SqFt - Total: 2363
SqFt - Living: 2363
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: Old Pompano
Lot SqFt: 6260
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 3332
Geo Area: NDIX
Country: United States
Unit #: 1-2
State/Province: FL
Zip Code: 33060
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: PINE CREST AMENDED PLAT 7-13 B LOTS 6 BLK 35
Zoning: RD-1
Tax Year: 2023
Taxes: 7191
Elementary School: Pompano Beach Elementary School
Middle School: Pompano Beach Middle School
High School: Blanche Ely High School
Office/Member Info
DXORIGMLNO: RX-10980081
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 905
Monthly Income: 1590
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Furnished: No
SqFt: 1309
Monthly Income: 1865
Income & Expenses
Gross Operating Inc: 39900
Annual Total Expense: 15000
Annual Net Oper Inc: 24900
Storm Protection
Panel Shutters: Complete
Property Features
Source of Expenses: Owner
Construction: Block; CBS; Concrete
Waterfront Details: None
Unit 1 Desc: A/C Unit; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Smoke Detector; W/D Hookup; Washer; Den/Family; Patio
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Refrigerator; Split Bedrooms; W/D Hookup; Walk-in Closets; Washer
Unit 2 Parking: Open Parking
Lot Description: West of US-1; < 1/4 Acre
Exterior Features: Auto Sprinkler; Fence; Open Porch; Shed
Subdiv. Amenities: Bike - Jog; Park; Picnic Area; Play Area
Tenant Pays: Cable; Electric
Restrict: None
Flooring: Tile
Cooling: Central; Electric
Heating: Central; Electric
Roof: Concrete Tile
Terms Considered: Cash; Conventional; FHA; VA
Utilities: Cable; Public Sewer; Public Water
Taxes: City/County
Avail Info: Accounting; Deposit Security; Leases
Possession: At Closing
Floorplan 
Listing Office: Compass Florida LLC
Last Updated: April - 29 - 2024
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Monday 6th of May 2024 04:50 AM