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Key Details
Sold Price $599,900
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $142
Subdivision Lauderdale North Park Sec
MLS Listing ID F10300289
Sold Date 10/22/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 9017
Year Built 1973
Annual Tax Amount $10,184
Tax Year 2020
Property Description
***,BRAND NEW ROOF WAS INSTALLED JAN 2021 **,,UNDER MARKET RENTS, EASY TO UPGRADE SINCE ALL LONG TERM TENANTS ARE ON A MONTH TO MONTH .. CURRENT RENTS ARE HALF OF CURRENT RENTS ..NOI GOES TO 11,5% CAP RATE FOR A CASH PURCHASE AFTER NEW TENANTS AND NEW RENTS ARE IN PLACE .... IT BECOMES A CASH COW $$$
Location
State FL
County Broward County
Community Lauderdale Northpark
Area Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
Zoning RM-10
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Fence, Patio
Water Access Y
Water Access Desc None
Roof Type Flat Roof With Facade Front,Comp Shingle Roof
Private Pool No
Building
Lot Description Interior Lot, Regular Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition As Is
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Bought with The Keyes Company