All Listings, $400,000 - $500,000 For Sale in Pahokee, FL

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Ridgeway Beach, 460 Cypress Ave, Pahokee, Florida 33476, image 1Ridgeway Beach, 460 Cypress Ave, Pahokee, Florida 33476, image 2
460 Cypress Ave, Pahokee, FL 33476
MLS# A11719429
N/A
Beds
N/A
Baths
2,208
SqFt
0.0%
N/A
Garage
$190
$/SqFt
Do not disturb tenants! As is. His fourplex offers a strong approximate cap rate of 8.75% with potential growth up to 10%. Each unit is a 2/1 rented at $950/month, including one unit on section 8. Annual expenses include $6,600 in taxes, $1,000 for landscaping, and $3,000 for miscellaneous costs, totaling $11,600. Net annual income is approximately $35,000 after expenses. Zoning information and the potential to build additional units, as permitted by the city of pahokee, are included. Don’t miss this chance to invest in a property with steady income and growth potential! No contingency to appraisal.
Belhouse Real Estate, LLC
THINKING OF SELLING IN Pahokee, FL?
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14Active Inventory
0New Listings
$110K to $2.8MPrice Range
4Pending Sales
$214KMedian Closed Price
27Days On Market

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