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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Dixie Park 9-19 B
MLS Listing ID F10273846
Sold Date 04/13/21
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1956
Annual Tax Amount $7,599
Tax Year 2020
Property Description
Rare opportunity with 7.5% Cap Rate! Collect rents from Day 1! Located in an up-and-coming area of Middle River Terrace – walk/bike to Wilton Manors, minutes to downtown and to the beach, as well as major transportation routes.
All units are tenant occupied, please do not attempt showings without contacting listing agent (email or text is best).
Units #1 and #3 were completely remodeled – with new porcelain floors, kitchens, bathrooms. Units #2 and 4 have updated bathrooms. Leases expire - #1- 11/30/2021, #2 and #3 9/30/2021, #4 – month-to-month. Shared coin laundry on site for extra income. Roof was repaired in July 2018.
Property is fully fenced in with paved front and side yard. Each unit has a long tandem parking for 2 cars.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Interior
Heating No Heat, Window/Wall
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Exterior Feature Exterior Lights, Fence, Fruit Trees, Laundry Facility, Open Porch
Waterfront No
Water Access N
Roof Type Flat Roof With Facade Front
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition As Is
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Bought with Robert Slack LLC