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 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 No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Present Use Sold As-Is
Parking Type Open Parking
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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