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About This Property
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed.
Property Features
County
Broward County
Section
Area
Subdivision
FAIRVIEW AMENDED PLAT
Interior
Cooling
Electric
Bedrooms
Floors
Ceramic Floor
Full Baths
Appliances
Heating
Other
Style
Other
Garage Spaces
Construction/Exterior
Concrete Block Construction, CBS Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Concrete
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2025
Year Built
1974
Tax Amount
$21212
APN
NA
Square Feet Source
NA
Map
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