$830,000
$899,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
2,495 SqFt
SOLD DATE : 09/30/2022
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,495 sqft
Price per Sqft $332
Subdivision Coral Point
MLS Listing ID A11161187
Sold Date 09/30/22
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1957
Annual Tax Amount $8,200
Tax Year 2021
Contingent No Contingencies
Property Description
Solid investment opportunity in Wilton Manors, 5 Plex Multifamily property (Zoned ROSC 2). Attractive mix of (2) 1-Bedroom / 1-Bathroom and (3) studio / 1 Bathroom units. All 5 units are tenant occupied on a month to month basis with deposits. Some tenants have been renting long term. There is an incredible value add opportunity to raise rents on average up to 25%. Coin Laundry on-site is an additional income source.
Quick access to major highways: I-95, Turnpike, Downtown Fort Lauderdale and the greater metro areas. Showings with 24 hr notice Mon-Sat NO Sunday showings. Please DO NOT disturb the tenants.
Location
State FL
County Broward County
Community Coral Point
Area 3370
Interior
Heating Central, Wall Furnace
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Tile
Total Parking Spaces 7
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 Effective Year Built
Others
Tax ID 494225160100
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Beachfront Realty Inc
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