$404,500
$439,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
1,588 SqFt
SOLD DATE : 10/09/2019
Key Details
Sold Price $404,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $254
Subdivision Norfolk Gardens Amd 15-38
MLS Listing ID F10151721
Sold Date 10/09/19
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $4,467
Tax Year 2017
Property Description
Two sales fell through for reasons unrelated to the property. Third times a charm - seller is ready to go. Great location, walk to Wilton Manors nightlife, many new upgrades to area. Roof under warranty till 2026, and central air recently replaced. Short drive to beach and downtown. Plenty of parking, and private outdoor spaces for each apartment. Potential to convert to four units. This is a moneymaker: $43,000 income, $13,000 expenses - cash or finance, annual profit either way. 7% CAP. Sellers retiring, come and take it.
Location
State FL
County Broward County
Community Middle River Terrace
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RS-8
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Deck, Laundry Facility, Patio, Room For Pool
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Coldwell Banker Realty
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