904 NE 10TH Avenue, Pompano Beach, FL 33060

Property Description

Great investment opportunity in the heart of Pompano Beach! Property is leased on a newly signed 3-year lease at $4,300/month, with a 3% annual rent escalation clause. Tenant pays all utilities and handles interior maintenance. Currently configured as two 2BR/1BA units plus an efficiency, with potential to combine the efficiency with either unit to create a 3BR/2BA and a 2BR/1BA, subject to approvals. Conveniently located near shopping, restaurants, the beach, and exciting area developments. Enjoy immediate rental income, built-in rent growth, and long-term investment potential!