$600,000
$639,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
9010 NW 38th Dr Coral Springs, FL 33065
3,298 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $181
Subdivision Coral Spgs Village Green
MLS Listing ID F10169979
Style Fourplex
Year Built 1968
Annual Tax Amount $10,773
Tax Year 2018
Property Description
Amazing Find! 4Plex In The Heart Of Coral Springs. Three Units Are 2 Bed 1 Bath & One 1 Bed 1 Bath. Units Have Central A/C. Some Units Have Updated Kitchens & Bathrooms. Building Is In Excellent Condition With Community Coin Laundry For Additional Income of Around $250 Monthly. Rents Are Way Below Market. Current Annual Income Including Laundry is $55,200 Proforma Income: $69,600. Total Expenses: $18,413. Expenses Include Taxes: $10,773 Lawn: $840 Insurance: $4,000 Water: $2,800. NOI: $36,787. Current Cap is 5.8%. Proforma Cap 8%.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Barrel Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with JPM Realty Advisors, LLC