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About This Home
This 6-bedroom, 5-bathroom multi-family at 3440 NE 16th Terrace in Pompano Beach, FL is listed for $1,260,000 ($386 per sqft). Built in 1968, the home offers 3,261 sqft of living space on a N/A lot.
Great Investment opportunity well located in east Pompano Beach! 5-Unit multifamily - 2/2(private w/d), 2/1, 1/1, 1/1 and Studio. Most tenants have been in place for 4+ years. 4 bigger units have central AC, all impact windows. New plumbing, new sprinklers, roof approximately 2011 .
5.5% Cap Rate. Perfect for a new investor to start out or for a seasoned investor wanting to add to the portfolio. Close to all the great restaurants and shopping in Pompano, and a short drive to the new Pompano Pier! Call listing agent for a breakdown of rent rolls and expenses.
Key Features
- Built in 1968
- 2 stories
Property Details
Monthly Cost Estimate
$6,739/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3440 NE 16th Terrace
Pompano Beach, FL 33064
CRESTHAVEN NO 9 REPLAT
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 6-bedroom, 5-bathroom multi-family at 3440 NE 16th Terrace is listed at $1,260,000 ($386/sqft). The estimated monthly payment is $5,460 based on 20% down at 6.5% interest.
Key features include: Built in 1968, 2 stories. Exterior Features: Auto Sprinkler.
This property is listed by Daniel Brooks and can be reached at 5615718734 or daniel@jmphillipsgroup.com.
