Bought with United Realty Group, Inc
$589,000
$629,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,539 SqFt
SOLD DATE : 12/09/2016
Key Details
Sold Price $589,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,539 sqft
Price per Sqft $231
Subdivision Las Olas Park Corr Plat 6-12 B Lot 12 Blk 5
MLS Listing ID RX-10266823
Sold Date 12/09/16
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $7,682
Tax Year 2015
Lot Size 6,429 Sqft
Property Sub-Type Quad Plex
Property Description
HUGE PRICE REDUCTION. Corner Lot corner which could improve the chance for future redevelopment. Current rental annual income is projected at $60,000. 3 of the 4 units are on lease for an average of $1,250 a month and 1 recently redone unit is vacant for easy viewing.All units have been redone in the past 2 years, and the exterior has been upgraded with a shingle roof, impact hurricane windows, steel exit doors, updated electric systems and attractive exterior landscape. There is a common washer/dryer in the rear of the property. One unit has a fenced private deck/patio area.There are 4 off street parking spots and plentiful ''swale'' parking.
Location
State FL
County Broward
Community 1031 Exchange Welcome
Area 3270
Zoning RC-15
Interior
Heating Other, Window/Wall
Cooling Other, Wall-Win A/C
Flooring Terrazzo Floor
Exterior
Exterior Feature Fence, Open Patio, Open Porch
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Common Laundry, Sidewalks
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre, Corner Lot, East of US-1, Sidewalks
Story 1.0
Foundation Mixed
Construction Status Resale
Schools
High Schools Fort Lauderdale High School
Others
Senior Community No Hopa
Restrictions Lease OK,Up to 2 Pets
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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