3775 NW 116th Terrace #1-4, Pompano Beach, FL, 33065
12beds
7baths
3,819sqft
$1,239,000
$324price/sqft
$10,215/moest. monthly cost
$408,600/yrincome needed
About This Home
Fantastic Find!!! Money-Making 4-Plex In The Heart Of West Coral Springs. Grossing $10,250 Per Month With Room To Grow. Four Large 3-Bedroom Units, Strong Rents, Updated Interiors, In-Unit Washers And Dryers, Plenty Of Parking, And A Prime Location Next To A City Park With Beautiful Views. Recent Updates Include Newer Kitchens, Renovated Bathrooms, Laminate Flooring, And Select Units With Granite Counters And Stainless-Steel Appliances. Strong Income-Producing Multifamily Property In One Of Coral Springs' Most Desirable Rental Areas. Annual Expenses Include Taxes: $23368, Water: $4560, Estimated Insurance: $7500, Estimated Lawn: $900. Trash Is Included In Taxes. Total Estimated Expenses Are $36328, Offering Almost A 7 Cap.
Getting Around
50
Somewhat Walkable31
Some Transit51
BikeableSchools
6/10
7/10
5/10
Construction
Condition
- Property condition: Resale
- Year built: 1975
Materials
- Roof: Spanish Tile
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 7
Features
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central,Individual
- Cooling features: Central Air
Interior Area
- Total structure area: 3,819
- Total interior livable area: 3,819 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 484117060640
- Zoning: RM-15
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Exterior features: Garden
- Has view: Yes
- View description: City,Garden,Preserve,Tennis Court
Lot
- Lot size: 10,000 sqft
- Features: Corner Lot,< 1/4 Acre
Parking
- Total spaces: 8