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460 Cypress Ave, Pahokee, FL 33476

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For Sale

$420,000

8 beds4 baths2,208 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $190.22
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

DO NOT DISTURB TENANTS! This 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 $10,600. 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.
MLS# A11719429

Courtesy Of Belhause Real Estate

13059219789

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Central Furnace

Map and Directions

Directions to 460 Cypress Ave, Pahokee, FL 33476
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Home seller CENTURY 21 WC Realty

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Monthly Payment Breakdown

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