For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $194
Subdivision Franklin Park
MLS Listing ID A10876217
Sold Date 09/01/20
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1983
Annual Tax Amount $6,542
Tax Year 2019
Contingent No Contingencies
Property Description
***GREAT INVESTMENT OPPORTUNITY***FOURPLEX - Renovated, NEW ROOF, new Paint. All units have central A/C unit. Very easy to rent, currently all units are rented, with yearly lease and security deposit. There is a storage unit that can be used as a laundromat for extra cash. The property is generating $59,100 and can generate $64,800 yearly gross! Yearly expenses of $15,438.00. Very well maintained building, great tenants, great location! Please do not disturb the tenants. The rent can be $1350. Please call me for more information. Owner is not accepting offers with appraisal contingency. Drive by property first but please do not talk to tenants. Showing and inspection done by appointment only after proof of funds and pre-qualification letter has been received.
Location
State FL
County Broward County
Community Franklin Park
Area 3730
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Other
Total Parking Spaces 8
Building
Lot Description Rectangular Lot
Story 2
Sewer Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 504205080010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing FHA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Reaction Realty Group, Inc.