For Sale
$575,000

3670 15Th AvePompano Beach, FL 33064

Renovated Triplex, Solid Income, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This meticulously maintained 1961-built triplex in Pompano Beach, Florida, presents a compelling investment opportunity. Located at 3670 NE 15th Ave, 33064, in Broward County, this single-story property boasts a desirable location in a tranquil neighborhood. The triplex comprises two 2-bedroom, 1-bathroom units and one 0-bedroom, 1-bathroom unit, all currently occupied by long-term tenants, ensuring stable rental income. Recent renovations include the installation of new wall AC units in each apartment, enhancing tenant comfort and appeal. The property features ample parking and is in excellent condition, with a well-maintained roof. The existing leases provide a solid foundation for immediate cash flow, while the potential for increased rental income upon lease renewals offers further upside. This triplex offers a blend of immediate return and long-term growth potential, making it an ideal addition to any investment portfolio. The property is currently fully occupied. Please note that weekend access is limited and requires scheduling an appointment in advance.

Highlights

  • $575,000 asking price.
  • Multifamily investment property, specifically a triplex, in Pompano Beach, Florida.
  • Built in 1961, one-story building.
  • Renovated with new wall AC units in all apartments.
  • Currently fully occupied with long-term tenants providing stable income.

Property Details for 3670 15Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1961
Stories
1

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2764029
Longitude
-80.1028404
3670 15Th Ave, Pompano Beach, Florida

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3670 15Th Ave
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