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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $116
Subdivision Melrose Park Estates 40-1
MLS Listing ID F10090647
Sold Date 12/22/17
Style Triplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 7200
Year Built 1968
Annual Tax Amount $3,336
Tax Year 2016
Property Description
Fort Lauderdale Triplex with Rents Way Below Market! Two Units are 2 Bedrooms 2 Baths. One Unit is 1 Bedroom 1 Bath. As Per Owner, Units Have Separate Water & Electric Meters. Owner Pays Tenant's Water as Courtesy. Washer & Dryer Hookups Are Available To Add Coin Operated Machines for Extra Income. Current Gross Income is $27,900. Market Gross is $39,600. Expenses Include Taxes: $3,336 Lawn: $600 Estimated Insurance: $3,500 Water: $3,888. Current Cap: 6% Proforma: 10%
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RS-8
Interior
Heating No Heat
Cooling Wall/Window Unit Cooling
Flooring Other Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Other Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition As Is
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