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Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,785 sqft
Price per Sqft $403
Subdivision Coral Ridge Isles 45-47 B
MLS Listing ID F10303204
Sold Date 04/12/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 8661
Year Built 1966
Annual Tax Amount $9,994
Tax Year 2020
Property Description
Well appointed Coral Ridge Isles quadplex on the corner lot of NE 18th Ave and NE 52nd St. This property has had extensive upgrades and renovations including a new roof and impact windows installed in 2018, exterior paint 2019, tankless water heaters 2019 and three completely renovated units in 2021. Each unit has access to a semiprivate and fenced backyard, central HVAC and two assigned parking spaces. All units are rented month to month with room to increase rents to market rates. This is an excellent property for a 1031-Exchange. Current Gross income: $70,200 Current Expenses: $17,676
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RMM-25
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors, Vinyl Floors
Exterior
Exterior Feature Fence
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Rent & Own Realty LLC