Do not disturb tenants! This 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 $10,600. 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.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jeahnny Rendon • Belhouse Real Estate, LLC • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$100/ft²
$100/ft²
$200/ft²
$300/ft²
Unit 460 Cypress Ave – Asking
$190/ft²
(+12%) from Closed Medium $/ft²
Closed Medium $/ft²
$170/ft²
Community $/Price Range (Closed) $128/ft² – $170/ft²
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