Mixed Development with eight 2bed/1ba rental apartments including a commercial space on the facade (restaurant/bar). Lush landscaping, decks, patios, outside seating. New roof in 2010, storm windows, well maintained. Property is free and clear. OWNER FINANCING AVAILABLE. PROOF OF FUNDS REQUIRED TO SEE PROPERTY.
Four unit apartment with a lot size of 6,000 sq. ft. located in Fort Lauderdale, FL. Zoning is RMM-25. Turnkey cash flow. Call for rent roll. Monthly rental rates are all below current market value. All annual leases. Updated plumbing, doors, kitchen, and tile. Unit 1 2/1, Unit 2 1/1, Unit 3 1/1, Unit 4 2/1. All are units are equipped with stoves and refrigerators. Tile flooring. All units are on a separate meter. Municipal sewer.
This is a unique property located in Oakland Park. Property includes 8 UNITS a house, two triplexes, and an efficiency with a lot size of 19,637 sq. ft. Zoning CI. All leases are annual. Monthly rates are below current market value. All units have tile and come equipped with stoves and refrigerators. All units are on the same meter. Municipal sewer. House is a 3/2, all units in both triplexes are 1/1, and the efficiency.
This is a four unit apartment with a lot size of 6,750 sq. ft. The zoning is RMM-25. All leases are annual. Monthly rental rates are below current market value. All units have tile and come equipped with stoves and refrigerators. All units are on the same meter. Municipal sewer. All units are 2/1.
This is a four unit apartment all 1/1 zoned RMM-25. All leases are annual. Monthly rental rates are below current market value. Unit 1 & 2 have central A/C. All units have tile except unit 2 has terrazzo flooring. All units come equipped with stoves and refrigerators. All units are on the same meter. Municipal sewer.
DO NOT DISTURB TENANTS!!! ONLY $55,700/UNIT. SALE INCLUDES TWO FOLIO'S TOTAL OF 7 UNITS 2935 SQ FT AND 18,298 SQ FT OF LAND. 40 YEAR CERTIFICATION. NEWER APPLIANCES STOVE, A/C AND REFRIGERATORS. LONG TERM TENANTS. BUILDING WELL MAINTAINED. OWNER MOTIVATED BRING ALL OFFERS.
3,200 SF Fourplex containing of two 1BR/1BA and two 2BR/1BA. All units are rented out. The inside has been renovated a year ago. New appliances and tiles were installed. Every unit has its separate central A/C. An ideal long term investment.
Priced reduced to less than $37k per unit. 637 NW 15 Terrace consists of 2 contiguous 4-plexes for a total of eight (8) one bedroom/one bath apartment, each containing approximately 437 Sq Ft. and one of the best maintained apartment building in the area. This is an added value opportunity as the rents will be increased with minimal capital expenditure. The property was built in 1954 and has a gravel swale to accommodate 8 cars. The roof is flat. HVAC is one unit AC per apartment.The Subject units rent for $450 which is 20-25% below market value. Once rents are stabilized at $525/month the property will return a 10% Cap + 25% ROI. Priced at $86/SF or $36,750/unit.
The property totals 25 units -all 1bed' s/1bath's an amazing opportunity with upside potential this will make it a cashcow once stabilized re-Tiled all units, re roofed all units in 2006, New paving and recently placed on city sewer in 2010. passed 40 year inspection in 2014,seller There also exists on the site a extra/bonus building that is currently being used for maintenance storage. This could easily be converted into another large unit to Rent or the space could be converted into a neighborhood Coin operated Laundry facility (which is in high demand). This building would require $ for the interior build-out. Water & Sewer and electric are stubbed to the building. Property had passed 40 year inspection and seller will do financing %75 LTV for 2-3 years balloon at %6-7 simple interest with no prepay penalty amortized over 30 years. average rent of $175.00 per week. Average of Expenses are as follows which Seller will verify upon execution of a contract:: Electric - $1,350/mo. Water/Sewer - $2000/mo. Taxes - $1,566/mo. Garbage- $ 307/mo. Maintenance $ 700/mo. Manager- $ 2000/mo. Total $7,923 ($95,000 annually)