$595,000
$650,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
1,810 SqFt
SOLD DATE : 01/16/2024
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,810 sqft
Price per Sqft $328
Subdivision Washington Park
MLS Listing ID A11462221
Sold Date 01/16/24
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1967
Annual Tax Amount $7,257
Tax Year 2022
Property Description
Legal Fourplex with New Roof and Impact Windows. Fully Remodeled Interiors. Current 100% Occupancy with Yearly Rental Cash Flow of $58,000. Located in Fort Lauderdale's Opportunity Zone. Surrounding Area Undergoing Significant Development. 7.7% CAP. This property is ideal for clients who are interested in transferring their money from the bank and into a 7.7% cash flow generating asset located in one of the Qualified Opportunity Zones in Fort Lauderdale.
Location
State FL
County Broward County
Community Washington Park
Area 3560
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 504205010540
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Wharton Realty Group, LLC
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