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USAFLPahokeeRidgeway Beach460 Cypress Ave
460 Cypress Ave, Home with 0 bedrooms, 0 bathrooms and 5 parking in PAHOKEE FL | Image 1
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$410,000

460 Cypress Ave, Pahokee, FL

Real Estate

Sold

$--,---,---
$420,000
005
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2208 sqft
Garage No
Taxes $6,669
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $190
MLS® Number A11719429

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

DO NOT DISTURB TENANTS! AS IS. His fourplex offers a strong approximate cap rate of 8.75% with potential growth up to 10%. Each unit is a 2/1 rented at $950/month, including one unit on Section 8. Annual expenses include $6, 600 in taxes, $1, 000 for landscaping, and $3, 000 for miscellaneous costs, totaling $11, 600. Net annual income is approximately $35, 000 after expenses. Zoning information and the potential to build additional units, as permitted by the City of Pahokee, are included. Don’t miss this chance to invest in a property with steady income and growth potential! No contingency to appraisal.Show Description
MLS® NumberA11719429
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1962
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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