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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1974
Sq.Footage
3,732
Well-maintained 4-unit multifamily on a 9,017 SF lot located in a strong rental area. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month with rental upside to $7,600/month. The property yields $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, resulting in a 7.6% cap rate. Utilities are shared across all units (not separately metered). With a solid rental history, stable tenants, and clear potential for growth, this is a great opportunity to acquire a cash-flowing asset with long-term upside.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$890,000
-
Tax Amount
16659.0
-
Zoning
RM-10
-
Sq. Footage
3, 732
-
Price/SqFt
$238
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Khalid Bryan , Keller Williams Realty SW
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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