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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
Heating Description: Central
Cooling Description: CentralAir
Building and Construction
Floor Description: Terrazzo
Year Built: 1962
Year Built Description: Resale
Style: Fourplex
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-01-09T19:31:21.000-00:00
Taxes, Fees & More
Taxes: 6669
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