Fort Lauderdale, FL 33311,848 NW 2ND AVE

$262,000

$289,000

9.3%
Est.Price: ?

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Est. payment /mo

1,936 SqFt


SOLD DATE : 05/11/2015

Key Details

Sold Price $262,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $135

Subdivision Progresso

MLS Listing ID F1331665

Sold Date 05/11/15

Style Fourplex

Construction Status New Construction

HOA Y/N No

Total Fin. Sqft 6750

Year Built 1973

Annual Tax Amount $5,027

Tax Year 2014

Property Description

11.5% ROI, NOI per month $2,769. MOOOO...CASH COW. COMMERCIAL PROPERTY, FIVEPLEX FULLY RENTED W & D on site. Annual GOI including washer and dryer $43,680. Annual Total Expenses (Electric, Water, Trash, Taxes) $10,451. Unit 1: 1br/1ba $750 tenant pay s electric. Unit 2: 1br/ba1 $850, Unit 3: 1br/1ba $750 tenant pays electric. Unit 4: Studio $600. Unit 5: Studio $650. All units have wall A/C. Building 1,936 Sq Ft. Lot 6,750 Sq. Ft. Zoned RMM-25.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RMM-25

Interior

Heating Window/Wall

Cooling Wall/Window Unit Cooling

Flooring Ceramic Floor

Exterior

Exterior Feature Fence

Water Access N

Roof Type Flat Roof With Facade Front

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status New Construction

Others

Pets Allowed No

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition As Is

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Charles Rutenberg Realty LLC
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