Bought with Coldwell Banker/ BR
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $629,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,254 sqft
Price per Sqft $279
Subdivision Ft Lauderdale Estates
MLS Listing ID RX-10954210
Sold Date 02/29/24
Bedrooms 3
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $8,652
Tax Year 2023
Lot Size 7,500 Sqft
Property Description
Here's your opportunity to own a TRUE 4 unit quadraplex in the heart of Ft Lauderdale across from Mills Pond Park. 3 Units are 1/1's and the 4th is an efficiency. This investment is worry free with a four year old roof; 4 newer AC's installed since 2018; updated electrical panels. 3 of the 4 units have been remodeled since 2018 with new kitchens, granite, new baths, appliances, & porcelain tile. Also, 3 of 4 units are also on a month to month basis. Separate electric meters. Fenced courtyard area for the kids to play. Rents have room for an increase to reach market rate giving you an excellent cap rate.
Location
State FL
County Broward
Area 3390
Zoning RM-15
Interior
Heating Electric
Cooling Electric
Flooring Ceramic Tile
Exterior
Exterior Feature Covered Patio
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Ball Field, Park, Picnic Area, Playground, Soccer Field
Waterfront No
Waterfront Description None
Roof Type Mansard
Parking Type Space Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation Block, CBS
Construction Status Resale
Schools
Elementary Schools Thurgood Marshall Elementary School
Middle Schools William Dandy Middle School
High Schools Dillard High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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
GET MORE INFORMATION
Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675