620 SW 7th Street 17 Pompano Beach, FL 33060
Quadruplex
AGENT'S REMARKS ABOUT 620 SW 7TH STREET 17
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 $29, 463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed.
PROPERTY DETAILS
- Property Type: Quadruplex
- Year Built: 1974
- Stories: 2
- Flooring: Ceramic Tile
- Roof: Concrete
- Total Floors in Building: 2
- Construction: Block, CBS
- Cooling System: Electric
- Heating: Other, Separate Meters
- Utility Information: Cable Available
- County: Broward
- Area: 3341
- Subdivision: FAIRVIEW AMENDED PLAT
- Annual Property Taxes: $21,212
- Elementary School: Cypress
- Junior High School: Pompano Beach
- High School: Blanche Ely
MAP LOCATION FOR 620 SW 7TH STREET 17 POMPANO BEACH, FL 33060
SIMILAR LISTINGS NEAR 620 SW 7TH STREET 17
Do you have questions about 620 SW 7th Street 17 Pompano Beach, FL 33060? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.
Listing courtesy of RPM LUXE REALTY 08.04.2026