$1,137,500
$1,400,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
4,459 SqFt
SOLD DATE : 12/17/2024
Key Details
Sold Price $1,137,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,459 sqft
Price per Sqft $255
Subdivision Coral Spgs Village Green
MLS Listing ID F10444744
Sold Date 12/17/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 15251
Year Built 1971
Annual Tax Amount $19,762
Tax Year 2023
Property Description
Priced to sell income opportunity in well maintained, fully rented, 5-PLEX on a premium corner lot in the high-demand center of Coral Springs. Property has long-term tenants that are currently month-to-month leading up to this sale. Rents are lagging behind market rates and provide great potential to improve annual returns. The 3/2 and 2/2 units each have large 2-car garages that attract premium tenants plus 10 off-street parking spaces. In 2022, property passed the City of Coral Springs mandated 40-Year Inspection covering all structural and electrical systems. Property has common use coin laundry for add'l income. PLEASE DO NOT DISTURB TENANTS. Use ShowingTime.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Heat, Electric Heat
Cooling Central Cooling, Electric Cooling
Flooring Carpeted Floors, Terrazzo Floors, Tile Floors, Vinyl Floors
Exterior
Exterior Feature Balconies, Open Balcony, Patio, Screened Porch, Storm/Security Shutters
Water Access Y
Water Access Desc None
Roof Type Curved/S-Tile Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 2.0000
Foundation Concrete Block Construction, Brick Veneer, Slab Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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