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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,783 sqft
Price per Sqft $290
Subdivision Coral Springs Lakes
MLS Listing ID A11549563
Sold Date 04/22/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $15,527
Tax Year 2023
Contingent Pending Inspections
Property Description
Welcome to a prime investment opportunity nestled in the heart of Coral Springs! Featuring a fantastic unit mix, including 2 three-bedroom units and 2 two-bedrooms units, renting out units is made easy, appealing to a diverse range of tenants. With the potential to elevate rents to market rates, investors have a golden opportunity to substantially boost the property's net income. Rents in the area are around $2,600/month for three bedroom units and $2,200/month for two bedroom units. Property was recently freshly painted and has undergone a few useful repairs. Situated in a sought-after location, this property is poised to attract tenants seeking convenience and quality living. Book your showing now and take the first step towards owning a lucrative investment property in Coral Springs!
Location
State FL
County Broward County
Community Coral Springs Lakes
Area 3625
Interior
Heating Other
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Spanish Tile
Total Parking Spaces 6
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 484116061550
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Conventional
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Bought with LoKation
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