Pinewood Heights, 715 NW 5th Ave, Pompano Beach, FL 33060

Income-producing fourplex in central pompano beach – 5.3% cap rate this remodeled fourplex offers a strong investment opportunity in the heart of pompano beach. All four units are currently rented, providing stable income, with additional revenue generated from an on-site laundry room. Each unit is separately metered for electricity, minimizing landlord expenses.the building has undergone a complete renovation, including installation of brand-new central air conditioning system, impact windows, doors ensuring tenant comfort modern and appeal. Water expenses paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:5.3% cap rate, all units rented, income-generating laundry room, independent electric meters,landlord pays water offset by laundry income.