This is a Duplex located in the quaint "Old Pompano" area close to Pompano Beach High School. The building consists of a 3 bedroom/2 bath unit and a 2 bedroom/1 bath unit. Monthly income is $4000 per month. Owner pays water and lawn service. Tenants pay all else. Seller will finance with a minimum of 20% down or $127,800 or more. Buyer will finance at 7% rate for up to 15 years either straight fixed or with a 15 year balloon payment. Very low closing costs and buyer will not have to keep hurricane and flood insurance if they don't want to. This building will have a positive cash flow especially if new property tax legislation hits later this year. There are tenants in place on month to month lease please do not bother.
Listing courtesy of Savvy Avenue, LLC.
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