Bought with Lovell Realty Group
$1,100,000
$1,099,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
8704 NW 38th Dr Coral Springs, FL 33065
8 Beds
4 Baths
5,580 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,580 sqft
Price per Sqft $197
Subdivision Coral Springs Village Gre
MLS Listing ID RX-10451530
Sold Date 09/06/18
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 41
Year Built 1971
Annual Tax Amount $10,599
Tax Year 2017
Property Description
An outstanding turnkey investment opportunity with a cap rate of 10.9% in a very nice area of Coral Springs!The entire 5 unit building was completely renovated the end of 2015. Tile in every room, granite in kitchens and bathrooms, stainless steel appliances, AC's, water heaters, landscaping, paint (inside and out), 6 foot privacy fence and hurricane windows. All of the units come fully furnished, including living room, dining room, bedrooms, TV's, kitchen and bathroom ware. Owner pays for electric, water, cable, garbage and lawn. Tenant is one company, one check. They just renewed in June for another year. This won't last!!!
Location
State FL
County Broward
Area 3622
Zoning MULTI FA
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile
Exterior
Exterior Feature Auto Sprinkler, Fence
Utilities Available Public Water
Amenities Available Common Laundry, None
Waterfront No
Waterfront Description None
Roof Type S-Tile
Parking Type Space Parking
Private Pool No
Building
Lot Description West of US-1
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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