Property Search
620 SW 7th Street 1-7Pompano Beach, FL 33060
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1’s , 3 - 1/1’s and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-09-04 01:41 PM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.