Pinewood Heights, Pompano Beach, FL 33060

Income-producing fourplex in central pompano beach – 6% 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 the installation of a brand-new central air conditioning system in each apartment, ensuring tenant comfort and modern appeal. Water expenses, paid by the landlord, are effectively offset by income from the laundry facilities. Highlights:6% cap rate, all units rented, income-generating laundry room, independent electric meters,landlord pays water offset by laundry income.