Sold

460 Cypress Ave, Pahokee, FL 33476

Sqft: 2,558

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBelhouse Real Estate, LLC

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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.

Location

Full feature list

Basic info

Property type: Multi-family
Number of stories: 1
Square feet: 2,558
Year built: 1962

Utilities

Heating: Central
Cooling: Central air
Sewer: Public sewer

Taxes

Tax Annual Amount (2023): $6,669

Public schools

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MIAMI REALTORS MLS MLS®#: A11719429 Last checked: …

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.