Oakland Park, FL 33334,220-230 NE 40th ST 1-6
Listed by Coldwell Banker Commercial NRT
Bought with Coldwell Banker Commercial NRT

$640,000

$685,000

6.6%
Est.Price: ?

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Est. payment /mo

8 Baths

5,200 SqFt


SOLD DATE : 01/17/2017

Key Details

Sold Price $640,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $123

Subdivision Boniello Gardens 2Nd Add

MLS Listing ID RX-10278417

Sold Date 01/17/17

Full Baths 8

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $5,521

Tax Year 2015

Lot Size 0.305 Acres

Property Description

This property is perhaps one of the nicest looking multi-family properties on the block. It also has an excellent unit mix comprised of 2, two-bedroom, two bath units and 4, two bedroom, one bath units. Consisting of two tri-plexes, each building has it's own tax portfolio. These large units are perfect for couples or small families. All have impact shutters and central air conditioning. Each unit is separately metered for electric. Interiors are clean and well kept with some updates. There are eleven parking spaces which is unusually high for a six unit property. Two of the six tenants have leases which allows a new owner to quickly increase rents which are currently below market.

Location

State FL

County Broward

Area 3450

Zoning RM-25

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile

Exterior

Exterior Feature Room for Pool

Utilities Available Electric Service Available, Public Sewer, Public Water

Amenities Available None

Waterfront No

Waterfront Description None

Roof Type Comp Shingle

Parking Type Space Parking

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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