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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $122
Subdivision Coral Spgs Sub 1 59-30 B
MLS Listing ID F10043357
Sold Date 01/26/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $5,968
Tax Year 2015
Property Description
Fantastic Find!! Large 4 plex in the heart of Coral Springs. All units are 2 bed 1 bath. Current tenants have been in property for years & are all month to month. Market rent for each unit is around $1200. That would be $4800 per month gross. Building has new electrical panels in & out,new tankless water heaters & one unit has new floors & kitchen. Estimated. inc/exp (annually):Proforma Income $57600. Taxes $5968 Water $1980 Insurance $3500 Lawn $900 trash is included in taxes. Est: NOI is $45252. 10% Cap
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Carpeted Floors, Ceramic Floor
Exterior
Waterfront No
Waterfront Description Canal Front
Water Access Y
Water Access Desc None
Roof Type Barrel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Frame With Stucco
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash Only
Listing Terms Cash Only
Special Listing Condition As Is
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