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500 SW 2nd St Pompano Beach, FL 33060
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Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,486 sqft
Price per Sqft $215
Subdivision Avondale
MLS Listing ID A11441093
Sold Date 02/28/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1973
Annual Tax Amount $8,200
Tax Year 2023
Contingent No Contingencies
Property Description
This is a fabulous investment property in the heart of Pompano Beach! Solid rental area close to I-95 with easy access to the TPKE and US-1. There are two 1-1s and one 2-1. Long-term tenants occupy two units; the 2-1 just took on a new tenant at increased rents. The property is well-maintained (and could also use some TLC). Income is stable, and there is room to grow as improvements are made. The roof is in great shape, with plenty of parking and a tranquil neighborhood. Please see the attachments for additional information. NOTE: All units are occupied. The Seller has requested that the showing of units occur only with offers and proof of funds. Outside drive-bys are welcome; please do not walk the property without the listing agent or Seller's permission. NEW AC in 2 of 3 units
Location
State FL
County Broward County
Community Avondale
Area 3431
Interior
Heating Central, Electric
Cooling Electric
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 494202021674
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with East Coast Realty Brokerage LLC