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Key Details
Sold Price $623,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,420 sqft
Price per Sqft $140
Subdivision Coral Spgs Lakes 68-12 B
MLS Listing ID F10053108
Sold Date 08/21/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1971
Annual Tax Amount $9,066
Tax Year 2016
Property Description
great property ,very large units 1 3/2 and 3 2/2s long-term and excellent tenants all units were updated ,separate meters for water and power .very low rent for today's market.
.gross income $58200
expenses $17945 ( ins $7800.00 taxes $ 9065.00 ,lawn care $900.00 fpl $180.00annual)
cape rate 6.5%cape rate can easily be 10% base on today's market rent
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Heat
Cooling Central Cooling, Electric Cooling
Flooring Ceramic Floor, Parquet Floors
Exterior
Waterfront No
Water Access N
Roof Type Flat Tile 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 Conventional, FHA, FHA-Va Approved
Listing Terms Conventional, FHA, FHA-Va Approved
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