$390,000
$445,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
4000 Riverside Dr Coral Springs, FL 33065
3,186 SqFt
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $122
Subdivision Coral Spgs Sub 1 59-30 B
MLS Listing ID F10043357
Style Fourplex
Year Built 1972
Annual Tax Amount $5,968
Tax Year 2015
Property Description
Fantastic Find!! Large 4 plex in the heart of Coral Springs. All units are 2 bed 1 bath. Current tenants have been in property for years & are all month to month. Market rent for each unit is around $1200. That would be $4800 per month gross. Building has new electrical panels in & out,new tankless water heaters & one unit has new floors & kitchen. Estimated. inc/exp (annually):Proforma Income $57600. Taxes $5968 Water $1980 Insurance $3500 Lawn $900 trash is included in taxes. Est: NOI is $45252. 10% Cap
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 Carpeted Floors, Ceramic Floor
Exterior
Waterfront No
Waterfront Description Canal Front
Water Access Y
Roof Type Barrel Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Frame With Stucco
Sewer Municipal Sewer
Others
Acceptable Financing Cash Only
Listing Terms Cash Only
Special Listing Condition As Is
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