$439,000
$445,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2,940 SqFt
SOLD DATE : 03/10/2017
Key Details
Sold Price $439,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $149
Subdivision Riverside 2 1-104 D
MLS Listing ID F10050992
Sold Date 03/10/17
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 10000
Year Built 1970
Annual Tax Amount $5,261
Tax Year 2016
Property Description
Great Find!Large 4-Plex in Ft.Laud.!All Units Are 2 Bedroom 1 Bath w/Updated Kitchens,Tile Floors,Knockdown Finish, New Windows,Laundry Facility with Potential to Add Coin Operated Machines for Extra Income.Below Market Rents, Average Market Rent is $1100.Current Gross Income is $47,700.Yearly Expenses Include: Taxes $5,261,Lawn 900,Insurance $2,500,Water $3,600,Trash $3,924.Total expenses $16185.Net Income $31515.Cap is 7%.All information is believed to be accurate but is not guaranteed.
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RM-15
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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