Bought with Elite Sales Group
$350,000
$359,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,969 SqFt
SOLD DATE : 07/11/2016
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,969 sqft
Price per Sqft $117
Subdivision Ft Lauderdale Estates 1St
MLS Listing ID RX-10229565
Sold Date 07/11/16
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1975
Annual Tax Amount $5,860
Tax Year 2015
Property Description
CASH FLOW GIANT! Great income producing four plex in a high rental area, next to a park that has regular sports activities, great curb side appeal! Tenants are all Section 8 and pay consistently and on time, easy to collect rent, guaranteed cash from the government in your bank account every month! Rents are consistent with value of market! Central AC systems all updated less than 2 yrs old! Just 5 min from I95. All tenants are long term and want to stay! Separate electric meters, coin operated laundry onsite additional cash flow. The units are all large and spacious! Home warranty on all units, something breaks and one phone call its fixed! It's as turn key as it gets!
Location
State FL
County Broward
Community Ft Lauderdale Estates 1St
Area 3400
Zoning MULTI
Interior
Heating Central
Cooling Central
Flooring Tile
Exterior
Exterior Feature None
Utilities Available Public Sewer, Public Water
Amenities Available Common Laundry
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Open Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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