$385,000
$429,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 10/27/2017
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $142
Subdivision Progresso 2-18 D
MLS Listing ID F10085002
Sold Date 10/27/17
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 6755
Year Built 1986
Annual Tax Amount $5,012
Tax Year 2016
Property Description
Ft Lauderdale 4 Plex Near the Beach with Below Market Rents! Two Units are 2 Bed/2 Bath. The Other Two Units are 2 Bed/1 Bath. All Units Have Newer Central A/C, Separate Water & Electric Meters. 3 Units are updated With Newer Kitchens & Newer Bathrooms. Add Extra income with Coin Operated Washer & Dryer! Gross:$45,900 Market Gross:$58,800. Expenses Include Taxes: $5,012 Landscaping:$300 Insurance:$5,000 Outside Light:$100 Total Expenses:$10,420. NOI:$35,480 Cap: 8% Potential Cap: 11%.
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RD-15
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Waterfront No
Water Access Y
Water Access Desc None
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Frame With Stucco
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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