MLS® FX-10500821
Status Active
$859,000
Features
$859,000
Price
1973
Year Built
Multi Family
Property type
Quad Plex
Sub-type
Property description
Great Income producing well maintained fourplex. Yearly income is $79,200. 4 identical units, all 2/1. Large lot and 6 parking spaces. The roof was installed new in 2015, all the A/C have been replaced since 2015, with cages. The house and trim were also painted in the last years. Seperate electric meters and owner pays for water, around $350/m. Grass cut $60/m. Insurance $8,000/year, taxes for 2024 were $13,691 (if paid by November 30th). Aproximate net income is $52,000. Long term Tenants, paying well below market rent, as some of them have been there for over 10 years. Housing Voucher for 33313 is $2180/m which would be a cap rate of 9% at a full price offer. Storage room at the back that could be used for laundry or storage. Very close to Florida Turnpike & 3 miles to I-95. No HOA.
Listing Courtesy of RE/MAX Select Group
Additional Info
- List price per Sqft $265.70
- Yearly Real Estate Tax $13,691
- Original listing price $875,000
- Year Built 1973
- Furnished ********
- Equip / Appl included ********
Community Info
- Area Broward
- City Lauderhill
2233-2239 NW 57th Avenue, 2233-2239 Photos
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