$550,000
$575,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
4019 NW 31st Ave Lauderdale Lakes, FL 33309
3,534 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,534 sqft
Price per Sqft $155
Subdivision Oriole Estates Sec 8 65-9
MLS Listing ID F10229567
Style Fourplex
Year Built 1971
Tax Year 2019
Property Description
This 5 plex is part of a combo package of 13 units made up of one five-plex and two four-plex buildings. All of them are located within 2 city blocks of each other. All 3 buildings for the most part have been updated with newer ACs, newer kitchens and baths, New Hurricane Impact Entry doors on all 3 building. 4090 building has Brand New roof, 3961 building roof is only couple years old and has all brand new Hurricane Impact windows and doors. Rents are very strong for the area. All units are fully occupied with no vacancy's. These are Great investment properties 5th unit is a large Studio which is rented for $850.00 per month. Cap rate is 8.3% with all 3 buildings together.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-16
Interior
Heating Central Heat, Electric Heat
Cooling Central Cooling, Electric Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Fiberglass Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Luxury Real Estate Group LLC