851 NW 4th Avenue, Pompano Beach FL 33060

$849,000

$655/sq ft

$50,000
Price Decreased

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Overview

Year Built

1956

Sqft

1296

Property Type

Quadruplex

Property Description

Prime Investment Opportunity in Pompano Beach!Completely remodeled and fully income-producing Four-Plex offering a potential 9% cap rate with strong, consistent cash flow. This turnkey property features 4/ 1-bedroom, 1-bath units, each with a private entrance—highly desirable for tenants and easy to rent. Extensive upgrades include impact windows, new flooring throughout, freshly painted interior and exterior, updated kitchens and bathrooms, and modern light fixtures—significantly reducing future maintenance expenses.One unit includes an in-unit washer and dryer, increasing rental appeal and value. With minimal deferred maintenance and solid income potential, this is a ready-to-go asset for investors seeking immediate returns and just minutes from shopping and Beaches.

Property Details

MLS#

F10550811

Total Floor in Bldg

2

Building

POMPANO

Address

851 4th NW

City

Pompano Beach

State/county

FL

Zip/Postal Code

33060

Area

Pompano

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,397

Maint Fee

$--

Tax Year

2024

Other

Other Water View

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Boris Gelfand