$900,000
$980,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
4,011 SqFt
SOLD DATE : 01/22/2025
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,011 sqft
Price per Sqft $224
Subdivision Middle River Gardens
MLS Listing ID A11685745
Sold Date 01/22/25
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1966
Annual Tax Amount $12,759
Tax Year 2023
Contingent Pending Inspections
Property Description
8% + CAP RATE FOURPLEX!
• Fully Leased: long-term tenants in place/immediate cash flow (See Financials)
• Unit Layout: two 3/1 and two 3/1/1.
o Partially renovated Kitchens: Including refrigerator, electric range, and W&D.
o Tile or waterproof Vinyl Floors
o Bathrooms: With tubs, vanities, toilets.
o Freshly Painted
• Utilities: Electric meters for each unit, water account for whole property.
• Parking: 8 for tenants (2 each unit) and 1 for guests.
Investment Benefits:
• Instant Cash Flow: Start generating income at closing.
• Long-Term Growth Potential
• Prime Location: Strong demand for rental.
• 50 Years certification: Passed!
Fantastic "set-and-forget" investment that offers stable/reliable income stream, room for growth... Don't miss out on this opportunity!
Location
State FL
County Broward
Community Middle River Gardens
Area 3560
Interior
Heating Electric
Cooling Electric
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 9
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Brick,Block
Construction Status Resale
Others
Tax ID 494228000340
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Listed As-Is
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