1304 4th

Description

This is a Duplex located in the quaint "Old Pompano" area close to Pompano Beach High School. The building consists of a 3 bedroom/2 bath unit and a 2 bedroom/1 bath unit. Monthly income is $4000 per month. Owner pays water and lawn service. Tenants pay all else. Seller will finance with a minimum of 20% down or $127,800 or more. Buyer will finance at 7% rate for up to 15 years either straight fixed or with a 15 year balloon payment. Very low closing costs and buyer will not have to keep hurricane and flood insurance if they don't want to. This building will have a positive cash flow especially if new property tax legislation hits later this year. There are tenants in place on month to month lease please do not bother.