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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Coral Springs Sub No 1
MLS Listing ID F10180385
Sold Date 07/31/19
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $10,184
Tax Year 2018
Property Description
Multifamily Jewel available!! FourPlex for sale in Coral Springs with a 7.7% Cap Rate. All 4 units are made up of 3 bedrooms and 2 baths. Interior of units upgraded with granite countertops, wood kitchen cabinets, new appliances, exterior of building just painted, beautiful landscaping, ACs are serviced and well maintained. ACCORDIAN SHUTTERS! 100% Occupied since owner purchased the building and renovated. Coin operated laundry room on site brings in extra income. All rents direct deposited into Seller's account, NO NEED FOR RENT COLLECTION. Seller manages this property himself easily. High Rental Income at $82,800/year plus coin laundry receipts of $1200/year. Total gross annual income of $84,000/year!!!! Seller has done all the hard work for the new Buyer!
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning MULTIFAM
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Ceramic Floor, Wood Floors
Exterior
Waterfront No
Water Access N
Roof Type Barrel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with RPM Luxe Realty