VALUE-ADD. the 3plex presents investors with the opportunity to acquire a well-located and maintained income property in Pompano Beach's established Lyons Park neighborhood and offers a desirable unit mix consisting of one (2/1) and two (1/1) apts. Value-Add Opportunity: Below-Market Rents: Two of the property's one-bedroom apartments are currently leased at $1,000 and $1,050 per month—approximately 31% to 35% below prevailing market rents of $1,500 to $1,550 which represents a 11,400 to $12,600 annually increase in PGI. The 2 bdrm apt is vacant to showing and owner occupants.
Broward County
1982
WESTFIELD SEC B RESUB POR
Ceiling Fan(s), Central Air
Ceramic Floor
Central
CBS Construction
None
0.17
Public
Public Sewer, Public Sanitation, Septic Tank, Sewer
7200
No
No
Comp Shingle Roof, Shingle
No
Septic, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Residential Income
Yes
Triplex
2025
1972
$10860
NA
NA
No similar listings found.