Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
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 $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.3236
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,500,000
-
Tax Amount
19534.0
-
Zoning
B-3
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Rodger Morelli , RPM LUXE REALTY
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