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Key Details
Sold Price $521,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $146
Subdivision Glenwood Sub 69-33 B
MLS Listing ID F10010005
Sold Date 08/05/16
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $7,474
Tax Year 2015
Property Description
Great find in West Coral Springs! Large 4 plex on water with a newer roof, newer paint and landscaping. Each unit is a large 2 bedroom 2 bath. Property is at 100% OCC. Separate electric meters and central a/c. Each unit has a washer/dryer. Unit 1 has new tile floors and bathrooms. Annual gross income is $54000. ESTIMATED CAP RATE IS AROUND 7.5% with rents below market & room to increase. Annual expenses AVG $14,334, includes: Water: $2400 Taxes: $7,474 Lawn: $960 Insurance: $3500 BRING OFFERS!!!
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-15
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Carpeted Floors, Ceramic Floor, Tile Floors
Exterior
Waterfront Yes
Waterfront Description Canal Front
Water Access Y
Water Access Desc None
Roof Type Curved/S-Tile Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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