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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,790 sqft
Price per Sqft $322
Subdivision Riverside Add Amen Plat
MLS Listing ID A11479396
Sold Date 02/29/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1967
Annual Tax Amount $10,025
Tax Year 2022
Contingent 3rd Party Approval
Property Description
INVESTMENT OPPORTUNITY! Fourplex with large 2 beds / 1 bath units. Each unit has individual electrical meter. 3 Units are rented month to month, 1 unit is vacant. Vacant unit has renovated bath. 1 Parking space for unit. Current rents are below market, great opportunity to improve the property with potential to increase revenue. Backyard space with potential to develop. Laundry Room with hook up for washer & dryer, install a coin laundry and generate another income. Separate electrical room. Located in Riverside Park, close to Downtown Ft Lauderdale, the marine centers on the New River, Las Olas Boulevard, and the Beaches. Easy access I-95. This well-maintained property offers an excellent investment opportunity for both seasoned investors and those looking to enter the real estate market.
Location
State FL
County Broward County
Community Riverside Add Amen Plat
Area 3470
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Terrazzo, Tile
Window Features Blinds
Exterior
Exterior Feature Storm/Security Shutters
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504209021880
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Interinvestments Realty, Inc.