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Key Details
Sold Price $1,800,000
Property Type Residential Income
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,497 sqft
Price per Sqft $400
Subdivision River Gardens
MLS Listing ID A11758708
Year Built 1959
Annual Tax Amount $30,376
Tax Year 2024
Property Sub-Type Duplex
Property Description
FULLY RENTED Spectacular multifamily 12 units in FORT LAUDERDALE, updated in August 2024. 10 MIN AWAY FROM LAS OLAS BLVD. Updated with city permits. New roof, impact windows, new kitchens, new bathrooms, new landscape, new irrigation system, new fence, electric, plumbing, new wall Ac's, new SS appliances, built in closets laundry 2 commercial washers and 2 commercial dryers on site for extra income, Land approved for future 5 story project development. 6 one bedrooms with full kitchens RENTED FOR $1650 and 6 studios with kitchenets (SMALL FRIGE AND MICROWAVE) RENTED FOR $1200 . 6 electric meters.
Long term tenants with lease agreements. 40 year inspection approved. 6.4% CAPRATE. See attachments with financials. CALL LISTING AGENT FOR MORE INFORMATION See attachments
Location
State FL
County Broward
Community River Gardens
Area 3120
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Coldwell Banker Realty